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...latest signpost in the U.S. job market's descent arrived on Friday, when the Department of Labor announced that the non-farm payrolls shed an unexpectedly high 240,000 jobs in October, the tenth straight monthly decline, and yet another sign that the recession's grip is tightening. Overall, the unemployment rate surged to 6.5%, higher than most economists had been expecting. The report added to that gloom with a downward revision of September job losses to 284,000, the biggest monthly loss since...

Author: /time Magazine | Title: A Few Bright Spots Amid Rising Unemployment | 11/7/2008 | See Source »

...exports through Estonia's ports. Combine all that bad news and it's little wonder that Estonia's unemployment rate, just 4.7% in 2007, is predicted to hit 9% next year. "Everyone is worried about what will happen," says Aivar Hundimagi, deputy editor of a business paper that has shed nearly 20% of its staff since last year. Black banners for a lecture series recently appeared in Tallinn asking: IS THERE LIFE AFTER CAPITALISM...

Author: /time Magazine | Title: The Baltic Mourning After | 11/6/2008 | See Source »

...that the champagne has been popped and tears have been shed, the salient question for both clubs is how to remain relevant in light of the presidential campaign’s denouement and the greater political apathy that will certainly follow on campus...

Author: By Emily J. Hogan, CONTRIBUTING WRITER | Title: Preemptive Strikes On Political Apathy | 11/5/2008 | See Source »

...found that people who changed their views on Obama were twice as likely to say they had grown more favorable, not less; those who now saw McCain differently were three times as likely to say their view had worsened than had improved. And that was after the markets had shed a couple of trillion dollars. By mid-October, only 1 in 3 voters thought McCain would bring the country a real change in direction. He never got close again...

Author: /time Magazine | Title: How Obama Rewrote the Book | 11/5/2008 | See Source »

...Though the Democratic presidential candidate, who has often warned his supporters against overconfidence, may not be creating a staff directory just yet, his choice of close advisors during his campaign—a posse of eminent scholars and former policymakers, many from the Clinton administration—could shed light on the makeup of an Obama administration...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Harvard Goes to Washington | 11/2/2008 | See Source »

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