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...overall in June; indeed, there was a sharp increase of postings for jobs in tourism, hospitality and health care, according to the online recruiter Monster, which compiles the survey. Still, fueled by negative headlines, fears abound about harder times ahead: in the U.K. consumer sentiment has sunk to its lowest level since 1990, according to a poll by market research firm GfK NOP; back then the country was heading into a deep recession. Riches-Flores of Société Générale reckons Europe may already be in the midst of a consumer spending recession...

Author: /time Magazine | Title: Europe's Economy: Falling Down | 7/9/2008 | See Source »

...stock price dropped below $10 this week to its lowest level in 54 years, down significantly from $43 last fall after the automaker had signed a new four-year labor contract with the United Auto Workers that included significant concessions. JPMorgan said the company has to raise $10 billion in fresh capital in the next several months. Merrill Lynch was even less optimistic. "We believe there is potential downside in the stock below $7 and that bankruptcy is not impossible if the market continues to deteriorate and significant incremental capital is not raised," Merrill Lynch analyst John Murphy wrote...

Author: /time Magazine | Title: Can General Motors Recover? | 7/5/2008 | See Source »

...year, but--especially in a heavily Catholic town like Gloucester--it is impossible to know how many pregnancies are terminated. Birthrates are not the same as pregnancy rates, and the national trends in both tell an interesting story. While 750,000 teens become pregnant every year, that is the lowest level in 30 years, according to the Guttmacher Institute, down 36% from a peak in 1990. Abortion rates have fallen even faster; since the late 1980s, the abortion rate for girls ages 15 to 17 has fallen 55%, and this year the overall U.S. abortion rate is at its lowest...

Author: /time Magazine | Title: Give the Girls a Break | 6/26/2008 | See Source »

...impossible to know how many pregnancies are terminated - especially in a heavily Catholic town like Gloucester. Birthrates are not the same as pregnancy rates, and the national trends for both tell an interesting story. While 750,000 teens become pregnant every year, that number is at its lowest level in 30 years, according to the Guttmacher Institute, down 36% from a peak in 1990. This does not suggest that we are witnessing a mass moral collapse, especially since abortion rates have fallen even faster. According to the Centers for Disease Control and Prevention, since the late 1980s the abortion rate...

Author: /time Magazine | Title: Give the Gloucester Girls a Break | 6/25/2008 | See Source »

...online shopping's relationship to our shaky economy - from high oil prices to the housing crisis and talks of recession - I expected that a chart of visits to online retailers would show a precipitous decline. According to the latest Reuters/University of Michigan Consumer Index, consumer confidence has reached the lowest level in 28 years...

Author: /time Magazine | Title: Pinching Pennies Online | 6/24/2008 | See Source »

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