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...called underemployment rate, which includes the country's jobless as well as workers who have taken part-time jobs and those who have given up looking for work, is even higher, at about 18%, notes Davidowitz. "We're not adding jobs, we're losing jobs," he says. Davidowitz is predicting a double-dip recession, and if that happens, he sees little improvement in job growth, the credit markets or consumer confidence in 2010. "I don't see any increase [in retail sales] this year. However, he expects value retailers, such as Walmart, Kohl's, Target, TJX, Ross and Costco...
...IPCC has seen its reputation for impartiality and accuracy take serious hits. First the global body admitted to an embarrassing factual mistake: the claim in the 2007 report that the glaciers of the Himalayas could disappear by 2035 if the world continued warming at its current rate. That finding was revealed to be false, and worse, it was discovered to be based not on any peer-reviewed science but on a speculative comment made to a New Scientist reporter by one researcher...
...weight information only once, at the start of the study; researchers could not have known, for instance, whether people might have unintentionally lost weight before the study or during the follow-up as a result of underlying disease. Furthermore, the study's participants had a lower overall mortality rate than the general population, suggesting they were healthier to start with. Many overweight and obese people die at younger ages, and participants in Flicker's study necessarily had to survive until 70 in order to be included...
...league's teams to back dramatic changes. Should others step in? High-level government intervention to quell violence in football would not be without precedent. A story in the Oct. 10, 1905, New York Times reads, "Having ended the war in the Far East, grappled with the railroad rate question and made his position clear, [and] prepared for his tour of the South ... President [Theodore] Roosevelt to-day took up another question of vital interest to the American people. He started a campaign for reform in football." T.R. used his bully pulpit to summon coaches from Harvard, Princeton and Yale...
...yawning budget deficit, and last year's weak monsoon rains will likely undercut agricultural production and soften rural consumer spending. But rapid growth is expected to continue. The World Bank forecasts India's economy will surge 7.6% in 2010 and 8% in 2011, not far behind the 9% rate it predicts for China for each of those years. Indian Prime Minister Manmohan Singh, when speaking about his country's more plodding pace of economic policymaking, has said that "slow and steady will win the race." The Great Recession appears to have proved him right...