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...This method of calculating unemployment was pioneered by the head of the Massachusetts Bureau of Statistics of Labor in 1878, and it has its merits. It's simple. It's straightforward. And it provides a pretty accurate count of those who really, really want jobs. But it also misses millions of people who may not be actively looking for a job but would happily take one if offered. Those ranks surely swell in a deep recession or during a time of economic turmoil that destroys entire job categories (like autoworker). The government's statisticians are aware of this, and since...

Author: /time Magazine | Title: The Real Jobless Rate | 12/21/2009 | See Source »

...Since a similar problem in 2002 was resolved by "winterizing" the locomotives so that snow couldn't get into the engine blocks, Eurostar officials were guardedly optimistic that the same method would fix the problem this time. However, even if the trains do start running again, anger over the fiasco won't melt as quickly as the thinning French snow. (See the worst business deals...

Author: /time Magazine | Title: The Eurostar Breakdown: 'Tis the Season to Be Livid | 12/21/2009 | See Source »

...Vietnamese law and is a necessary step toward cleanup. "We're investigating many promising techniques," Michalak said following the signing ceremony in Hanoi. Careful study is required if the job is to be done right, he added. "We know there is dioxin in the soil," he said. "But what method do we use to remove it? Where do we tell the diggers to dig? It's just another step on the road." (See 90 years of battlefield portraits...

Author: /time Magazine | Title: Agent Orange Poisons New Generations in Vietnam | 12/19/2009 | See Source »

Sarkozy's early idolization of U.S. President Barack Obama has likewise given way to bitter disappointment over the American's slow, consensual method of reform - and his refusal to return Sarkozy's public displays of affection. There's also the pesky issue of human rights. Sarkozy pledged to place human rights at the top of his list of requirements for diplomatic partners before he was elected but that quickly gave way to an embrace of leaders like Muammar Gaddafi from Libya and Bashar al-Assad from Syria, state trips to pal around with African dictators, and a congratulatory call...

Author: /time Magazine | Title: Nicolas Sarkozy: A French Paradox | 12/14/2009 | See Source »

...Google has already digitized some 10 million books - most of them "public domain" works that are out of print, or books whose copyright owners are unknown. Google's strategy thus far appears to have been to scan first, and deal with any copyright issues later - a method that worries authors and publishers. Justice authorities in the U.S. and in Europe have warned Google that it should not secure a monopoly position that would allow it to single-handedly dictate how much the public must pay to access many of the world's great books...

Author: /time Magazine | Title: Europe vs. Google: The Next Chapter | 12/11/2009 | See Source »

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