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...biggest news in the report may have been the sharp upward revision to January's job losses (originally reported as 598,000) to 741,000, the biggest one-month decline in absolute terms since 1949. Job losses from this recession are now markedly worse than those during the previous two downturns that had competed for the title "worst since the Depression." Nonfarm employment has dropped by 5.1 million, or 3.7%, since its peak in December 2007. In the 1981-82 recession, employment fell 3.1%, and in 1974-75 it fell 2.8%. (Here's the comparison in chart form...

Author: /time Magazine | Title: Unemployment Rise Shows Recession Far from Over | 4/3/2009 | See Source »

...renovations, designed by renowned Italian architect Renzo Piano, will preserve the historic elements of the original 1927 building while adding more exhibition space. The new wing will take the place of previous additions, which have been added incrementally to the Fogg over the past 80 years...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Worker Injured In Fogg Construction | 4/3/2009 | See Source »

...pretty game on either side,” Harvard captain Harry Douglas said. “The games like that you gotta do what you gotta do—you gotta win.”Douglas recalled the Crimson’s previous contest—a 15-11 victory over Penn—in which Harvard forced a tie with a three-run ninth before winning in eleven innings.“Our last game…was a similar game but we were able to get those runs in the last inning,” Douglas said...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: Heartbreaker at Home for Harvard | 4/2/2009 | See Source »

...recent memory. Some songs do not succeed beyond their role as fragments of the melodramatic plot. But when the album is viewed as one cohesive folk-rock project, it acts as a bold statement of the band’s ambition.While the Portland-based band’s previous album, “The Crane Wife,” showcased frontman Colin Meloy’s affinity for lyrical storytelling, “The Hazards of Love,” the band’s fifth studio recording, takes these inclinations to an entirely new level. An hour-long saga...

Author: By Matt E. Sachs, CONTRIBUTING WRITER | Title: The Decemberists | 4/2/2009 | See Source »

...bigger than the sound,” sang Karen O on “Cheated Hearts” from the Yeah Yeah Yeahs’ second album, “Show Your Bones.” If O, the leader of the New York trio, was previously afraid of overshadowing her bandmates—guitarist Nick Zinner and drummer Brian Chase—the massive shift that she directed for “It’s Blitz!” the band’s third album, would certainly not suggest so. On her orders, the band has dispensed...

Author: By Chris R. Kingston, CRIMSON STAFF WRITER | Title: Yeah Yeah Yeahs | 4/2/2009 | See Source »

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