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...real bargain right now. Unit labor costs - how much a company has to pay people to produce a unit of whatever it is that the company makes - have been flat or falling for all of 2009. Between the second and third quarters, labor costs dropped at an annual rate of 2.5%. "If you just look at the cost side, this should be a labor boom," says Mortensen...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

...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...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

...Meanwhile, the unemployment rate for recent grads rose as well. It is now 10.6%, a record high...

Author: /time Magazine | Title: The Job Market: Is a College Degree Worth Less? | 12/8/2009 | See Source »

...Americans consuming soy at least once a week increased from 15% in 1997 to 28% in 2003. In the meantime, studies on the effect of soy on breast-cancer recurrence and mortality have been conflicting, with some showing that it can reduce risk, while others show an elevated rate of recurrent disease among frequent consumers of soy. (See breast cancer's fundraising warrior...

Author: /time Magazine | Title: Study: Eating Soy Is Safe for Breast-Cancer Survivors | 12/8/2009 | See Source »

...decide on their own whether they would get a yearly test. At the seven-year mark, 50 men had died from prostate cancer in the screening group, and 44 had died in the usual-care group. In other words, screening and early detection did not lower the death rate from prostate cancer...

Author: /time Magazine | Title: TIME's Top 10 Medical Breakthroughs of 2009 | 12/8/2009 | See Source »

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