Word: months
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...before the Labor Department announced a second month of 10%-plus unemployment last week, the White House hosted a get-together to hear from executives, labor leaders and academics about how the Federal Government can jolt job growth. "We're looking for fresh perspectives," the President said. "I am open to every demonstrably good idea...
...also misleading to imply that companies aren't hiring. They are - about 4 million workers a month. There is always a lot of churn in the American labor market and that doesn't stop during a recession. (We don't particularly feel the hiring right now because companies are letting workers go at a higher rate.) In a best-case scenario - if using tax dollars to subsidize corporate hiring works exactly as it should - we'd wind up paying for 4 million hires a month that we would have otherwise gotten for free...
Tucked deep inside the Senate health reform bill - beginning on page 1,926 - is a plan for a new federal insurance program. Average premiums could be as high as $180 per month and could be automatically deducted from the paychecks of some American workers. The nonpartisan Congressional Budget Office (CBO) predicts this new program would "add to budget deficits ... by amounts on the order of tens of billions of dollars." This is not, however, the so-called public option that is the focus of much heated debate on Capitol Hill. It's an entirely different Democratic plan...
...Previous research indicates that almost a third of French companies are grappling with how to respond to requests from Muslim employees for prayer breaks, Islamic holidays, halal options on cafeteria menus and adapting work assignments to take into account the effects of fasting during the holy month of Ramadan. In their study, which involved over 350 interviews with employees and managers from dozens of companies, the Bouzars found most bosses have tended to improvise reactions to such demands, producing two contrasting excesses. "Managers have tended to either adopt laxity, reasoning 'We've got to accept their differences and avoid perceptions...
...There are also differences over how to deal with Iran's nuclear program. Although Turkish diplomats insist that Ankara is opposed to any development of nuclear weapons in neighboring Iran, Erdogan has in recent months strengthened diplomatic and trade ties with Tehran, which is a key gas supplier to Turkey. The Turks abstained last month in a U.N. vote condemning Iran's nuclear activities, despite China and Russia's support for it. Erdogan has also criticized Western leaders for turning a blind eye to Israel, widely seen as the Middle East's only nuclear power - albeit an undeclared one. Turkey...