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Word: sectoral (lookup in dictionary) (lookup stats)
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...Victor Kung, president of Fubon Financial Holding Co., says Taiwan's isolation from a burgeoning China has stunted the development of the entire economy. As costs at home have risen and the island's manufacturing has moved offshore, Taiwan has needed to foster new industries, especially in the service sector, to generate growth and jobs, but a lack of access to China has hindered those efforts. "The transformation from a manufacturing base to more of a services base is still experiencing labor pains, and it still has a lot to do with cross-strait difficulties," Kung laments. (Read "Taiwan...

Author: /time Magazine | Title: Building Bridges to China | 5/25/2009 | See Source »

Nationwide unemployment is somewhere between 23% and 38% and likely to go higher in the months ahead because of government cuts. The Iraqi government employs an estimated 2.5 million people while private sector enterprises barely register. Slots on the payroll are dwindling rapidly...

Author: /time Magazine | Title: How the Economy Could Crush Iraq's Hopes | 5/23/2009 | See Source »

...that Liddy has been treated is bound to undermine whatever spirit of voluntarism exists among executives in the private sector who will be called on in the future to help the federal government when it has critical and particular needs...

Author: /time Magazine | Title: Behind Ed Liddy's Departure from AIG | 5/22/2009 | See Source »

...their own. Overall daily circulation has plummeted from a postwar high of 6 million to just 1.5 million today. The financial situation of most French papers has become so dire in recent years that the government of President Nicolas Sarkozy has decided to augment annual state subsidies to the sector, which amount to between $1.5 billion to $2 billion, with an additional $900 million over the next three years. (See pictures of Sarkozy...

Author: /time Magazine | Title: French Newspapers Cutting Back on Holidays | 5/21/2009 | See Source »

Witnesses reported seeing between two and three suspects flee the scene. Several residents of J-entryway, located in a sector of the House known as the Kirkland “annex,” reported hearing three loud sounds resembling gunshots...

Author: By Eric P. Newcomer | Title: Justin Cosby, 21, Dies After Shooting in Kirkland House | 5/20/2009 | See Source »

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