Word: lows
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Dates: during 1990-1999
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...confusion over the markets' recent spins, as well as troubles in Russia and Asia, have not been had much impact on the job market in America: Unemployment remains at nearly a 20-year low of 4.5 percent--1.8 percent for college graduates...
Often recruiting for those firms focuses on the immediate impact that new recruits offer. Hiring them for a few years is a low-risk proposition because companies can respond quickly to economic difficulties by cutting back on hiring...
...potential donors on the links. The university arranged for her to go to golf school for a week. "I had never had a golf club in my hand," says Shalala, now Secretary of the Department of Health and Human Services--and one of the few Cabinet officers with a low enough handicap to play with President Bill Clinton. "Today a lot of people I schmooze with, I schmooze with on a golf course...
...time things were different. The Dow fell Wednesday. And the next day. And the next day, losing ground for the seventh trading day out of the previous eight and posting a 411-point, or 5%, setback for the week. Despite the release last week of fresh reports chronicling persistent low unemployment and rising orders for factory goods, anxiety spread from the stock market to the "real" economy of jobs and paychecks. The market drop served as a reminder--one about as subtle as a poke in the eye--that in today's global economy, not even a healthy...
...briskly upward. Orders from American factories rose 1.2% in July, the strongest performance since November. As investors around the globe sought a safe haven for their capital, long-term interest rates continued their slide to 5.3%, a silver lining for the U.S. in the cloud over emerging markets. Those low rates in turn have boosted the used-housing market, which recorded an all-time high of houses sold in July. Housing values, another important factor in Americans' calculation of their wealth, are rising smartly at about 5% a year. Unemployment stands at 4.5%, nearly a 28-year low, and only...