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...According to MarketWatch, the average forecaster thinks the economy shed 640,000 jobs last month. Some estimates are well over 700,000. The impression that the employment situation is getting worse was confirmed by Ben Bernanke's testimony before the Senate yesterday. (See pictures of the global financial crisis...
...Ford are finding out, losing 50% of monthly sales isn't risky. It's fatal. If The Big Three are each going to loss $1 billion to $2 billion dollars a month, they might as well do it selling cars to people who are likely to get fired...
...Business School are international students, and 45 percent of MBA students enter the financial services industry upon graduation. University Provost Steven E. Hyman recently voiced opposition to the restrictions in a letter to Congressman Michael E. Capuano, who represents Cambridge in the U.S. House. Hyman wrote last month that it was important to keep jobs open to all recent graduates, regardless of their country of origin. “Now more than ever, our country needs to capture the talents of our brightest graduates to work to turn around these troubled industries,” he wrote. Casey said...
...information.” The stimulus package provides $10.4 billion for the National Institutes of Health and $3 billion for the National Science Foundation. But no agency has provided details on how stimulus funds will be spent, according to a memo distributed to Harvard faculty and administrators last month. The scale of the federal funding allotted for the sciences reflects the Obama administration’s understanding that university-based research plays an important role in driving long-term economic growth and development. Neither the NIH nor the NSF provided comment regarding the timeline for allocating the funds yesterday...
...World” competition. Video entries are rated by the public on the job’s Web site, and the winner earns the crown title of “Island Caretaker” of Hamilton Island along the Great Barrier Reef in Queensland, Australia. The six-month job comes with keys to a posh three-bedroom beach front house and a hefty salary totaling 150,000 Australian dollars. If the compensation isn’t enticing enough, as part of a Tourism Queensland marketing campaign, the caretaker faces the daunting task of exploring this stunning tropical paradise...