Word: recessional
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I found Carla Power's article "Silvio's Girls" disappointing [Nov. 30]. Quelli Che ... Il Calcio is a RAI programme and not Mediaset's. What has Berlusconi got to do with RAI? The station is definitely not pro-Berlusconi. Berlusconi is a doer. His actions in Naples, which was cleaned...
So much for that fall in unemployment, huh? It was a telling reaction, indicative of the still gloomy national mood, the perceived fickleness of monthly economic indicators - and the diminished status of the unemployment rate as a statistic. Once the indispensable, largely unquestioned measure of the state of the job...
Each month, interviewers contact 60,000 households - most by phone, some in person - and ask about the employment status of household members age 16 and over. Those who don't have jobs but have looked in the past four weeks are classified as unemployed. After some statistical adjustments to extrapolate...
This method of calculating unemployment was pioneered by the head of the Massachusetts Bureau of Statistics of Labor in 1878, and it has its merits. It's simple. It's straightforward. And it provides a pretty accurate count of those who really, really want jobs. But it also misses millions...
Parents waited in line seven hours to get into Toys "R" Us in Times Square when it opened at midnight on Black Friday, in search of Zhu Zhu hamsters, priced at a recession-friendly $8 but commanding 10 times as much on eBay. Robot rodents are an improvement, I suppose...