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...anyway. The delay reflects the downshifted reality of recent months, putting the class of 2001 face to face with the worst U.S. economy in a decade. The result has been a crazy- quilt pattern of campus recruiting, with some companies retracting their offers while others are still thrusting bonuses into students' hands. "This year was going gangbusters," says C. Randall Powell, director of the placement office for Indiana University's Kelley Business School, which serves some 1,350 undergraduate seniors. "But this spring we quickly noticed a significant drop...

Author: /time Magazine | Title: Help Still Wanted | 5/7/2001 | See Source »

...thick, fuzzy mat of short, hollow fibers ("like a butch cut," says Prum), while the shoulders and torso have plumelike "sprays" of extremely thin fibers up to 2 in. long. The backs of its arms and legs, meanwhile, are draped in multiple filaments arranged in a classic herringbone pattern around a central stem. Even the tail is covered with feathers, with a fan, or tuft, at the end. "It doesn't look anything like what most people think dinosaurs look like," explains the American Museum's Mark Norell, one of the team's co-leaders. "When this thing was alive...

Author: /time Magazine | Title: Down-Covered Dinosaur | 5/7/2001 | See Source »

...other words, he isn't likely to turn Japan upside down. True, he did appoint a Cabinet that is younger and includes more women and more non-politicians than usual--notably Japan's first female Foreign Minister, Makiko Tanaka. But it's hard to find a clear pattern: one of his economic advisers favors corporate restructuring and repairing the banking system; another leans to traditional pork-barrel politics. Koizumi's immediate problem is that dramatic reforms take time to implement, and the Japanese public that adores him today will turn on him tomorrow if he doesn't produce results...

Author: /time Magazine | Title: Japan Election: A Reformer Takes The Helm | 5/7/2001 | See Source »

...from 20 percent to 40 percent from 1920 to 1960—a doubling. But then there was another doubling from 1960 to 1970—only 10 years! And instead of falling, grades remained high and are still going higher. Lewis’s attempt to reduce this pattern to an average rise over the whole period from 1920 is laughably misleading...

Author: NO WRITER ATTRIBUTED | Title: Letters | 5/1/2001 | See Source »

This expansion was overripe for a downturn. For a half-century the natural business cycle followed roughly the same pattern: three to four years of solid growth followed by a one-year recession. Amazingly, the current economy had been chugging along for 10 years with little evidence of tiring. In March 2000 the expansion officially earned the distinction as the longest in U.S. history. That in itself should have kept us on alert...

Author: /time Magazine | Title: How We Missed Signs Of A Slowdown | 4/30/2001 | See Source »

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