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Indeed, the numbers suggest that the worst may well be yet to come. The overall unemployment rate, which lags what's going on in terms of economic production, tells us more about what has happened than where we're headed - and the forward-looking news is equally grim. On Feb. 5, the Labor Department reported that 626,000 people made first-time claims for state jobless benefits in the week ending Jan. 31, more than economists expected and the most since 1982. The total number of people collecting unemployment now stands at nearly 4.8 million, the most since at least...

Author: /time Magazine | Title: Bleak New Jobs Numbers Add to Urgency on Stimulus | 2/6/2009 | See Source »

...peaks. GDP during the 1981-82 recession, arguably the worst since the Great Depression, started rebounding in the second quarter of 1982. Yet unemployment didn't peak until the very end of the year. When it did, 10.8% of the workforce didn't have a job. For the unemployment rate to get up that high today, we'd still have nearly 5 million more jobs to lose. But, of course, 10.8% is simply a number plucked from history. Records do get broken...

Author: /time Magazine | Title: Bleak New Jobs Numbers Add to Urgency on Stimulus | 2/6/2009 | See Source »

...body and it should try to destroy it,” Huebsch said. Current therapies involve reprogramming immune cells in a petri dish to recognize the patient’s particular tumor, said Omar A. Ali, one of the authors. But these cells have a low survival rate, requiring physicians to use large numbers of them to effectively treat tumors, said the School of Engineering and Applied Sciences associate. “These therapies have worked pretty well in many patients and are very promising, but you need a highly trained technician and a very expensive facility...

Author: By Alissa M D'gama, CRIMSON STAFF WRITER | Title: Lower-Cost Vaccine Kills Tumors in Mice | 2/6/2009 | See Source »

...have policy implications, according to Christakis. “If things spread in networks, if I get you to behave well, others will start to behave well too,” he said. “The dollars spent on getting you to behave well have a much bigger rate of return than I previously thought, for instance.” The paper was co-authored with James H. Fowler ’92 and Christopher T. Dawes, both researchers at the University of California-San Diego. —Staff writer Gordon Y. Liao can be reached at liao@fas.harvard.edu...

Author: By Gordon Y. Liao, CRIMSON STAFF WRITER | Title: Social Networks Based on Genes | 2/6/2009 | See Source »

...Europe and South Africa to Middle America and the heartland of China come a growing number of examples of both governments and individuals venting their frustrations on foreigners. Take Italy. "We have to be nasty with illegal immigrants," Italian Interior Minister Roberto Maroni declared this week. Italy's unemployment rate is expected to rise to 8.2% in 2009, up from 6.7% last year. The country, which boasts a 4,500 km-long coastline, is also on the front line of African immigration into Europe. Some 36,000 immigrants arrived on Italian shores in 2008, up from 22,000 the previous...

Author: /time Magazine | Title: As the Global Economy Sinks, Tensions Over Immigration Rise | 2/6/2009 | See Source »

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