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...held steady: some 27% come from referrals. (Job boards, by comparison, have fed firms a consistent 12% of new hires; the rest come from recruiters, company websites, etc.) The difference today is that a lot more of those recommendations start with connections made through online networks. A recent report by market researcher Nielsen found that people now spend more time using social networking sites than they do personal e-mail. (Read "Your Facebook Relationship Status: It's Complicated...

Author: /time Magazine | Title: Using Twitter and Facebook to Find a Job | 6/8/2009 | See Source »

...When the stress tests were completed last month, the Treasury Department and regulators gave banks deemed to need capital a month to detail how they would raise it. For the banks that passed the stress test, they were told to report back on how they plan to repay taxpayers. Monday, June 8, was set as the deadline for turning in those plans to regulators. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Banks Hand in Their Stress-Test Plans Today | 6/8/2009 | See Source »

...mystical and criminal cult called the Mungiki has replaced the government in many slums, providing water, housing and dispute-settlement along with drugs, prostitutes and protection. The police, endemically corrupt, fight the Mungiki for turf, and have executed nearly 500 in the last few years, according to a February report by Philip Alston, U.N. rapporteur on extrajudicial, summary and arbitrary executions. Days after his report was released, the police were accused of the murders of two human rights activists who assisted Alston's research; they were shot dead as they sat in traffic during Nairobi's evening rush hour...

Author: /time Magazine | Title: Kenya's Unfinished Reckoning | 6/8/2009 | See Source »

...this febrile environment, the military is said to have stepped up its influence in Pyongyang. A group of North Korean exiles has circulated a report saying that Kim has assured his generals that by 2012, the North will have achieved the status of a nuclear state, one with the ability to fit a warhead on a long-range missile...

Author: /time Magazine | Title: Spotlight: North Korea's Nuclear Test | 6/8/2009 | See Source »

...Beirut Did Hizballah Kill Hariri? Lebanese Shi'ite paramilitary group Hizballah is believed to have orchestrated the 2005 bombing that killed former Lebanese Prime Minister Rafiq Hariri (pictured), according to a report in the German magazine Der Spiegel. The report, which cites an unnamed source linked to the U.N. tribunal investigating the assassination, was published two weeks before Lebanon's parliamentary elections, in which Hizballah and its allies will face off against a Western-backed coalition. Hizballah leader Hassan Nasrallah has dismissed the allegations as an "American-Israeli scheme" to incite political turmoil and sabotage the election...

Author: /time Magazine | Title: The World | 6/8/2009 | See Source »

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