Word: markets
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Dates: during 2000-2009
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...mortgage doesn't mean you're going to go into foreclosure or anything like that." Even for people awash in debt, homes are still places to live. If prices are given enough time to recover, they might still be a good investment too. (Read "How to Fix the Housing Market...
...decline was, not surprisingly, in finance, which hemorrhaged 71% of expected job openings. Less expected but equally troubling is the 37% decline in hiring for professional services, which include accounting and engineering. "Poor hiring estimates from this area speak to the depth of the recession in the college labor market for the class of 2009," the report says. (See TIME's special report on paying for colleges...
Experts say more college grads may seek employment in fields that require comparatively little education. "Even if you're surviving by being a coffee barista, it's still better than just staying home," says Koc. "With the job market as difficult as it is, I don't think that students have much of a choice." (See the top 10 financial-crisis buzzwords...
...tough economic times, have seen uneven application numbers this year. Lance Choy, director of the career development center at Stanford, notes that grad schools were a popular backup a few years ago during the dotcom bust, but applications are flat this year. "Who needs more debt when the job market is looking rather grim?" he says. (Read "Finding a Dream Job: A Little Chaos Theory Helps...
...would have the effect of encouraging more people to buy their insurance individually, rather than getting it where they work. This approach has been criticized by many Democrats - including Obama, when John McCain embraced a version of it during the election campaign - who contend that relying on the individual market would put health-care consumers at a disadvantage to big insurance companies...