Word: short-term
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...that shift back to large companies as the major force behind jobs generation can take years. The lesson for the short-term seems to be that small companies are a better bet for work. Just be careful of applying the trend to any specific firm. Small companies on average may not be shedding as many jobs as large ones, but smaller companies are by their very nature volatile-looking at aggregate numbers hides all the instances of companies growing insanely quickly or imploding into nothingness. It's still the case that most people work for large companies: 45% at firms...
...Facing such a woeful economic outlook, E.U. monetary-affairs commissioner Joaquin Almunia has struggled to make the case for fiscal rectitude. He insists the pact is flexible enough to allow short-term stimulus programs. "During the recession, the pact is not about sanctions," he said last week. "But in the medium term, we need to continue a process of consolidation of the public finances. The rules were established for everybody and must be respected...
Though skeptical about the short-term benefits of the recent changes, Martel was optimistic about the office’s usefulness in the future...
...struggling to keep the lights on and the water running - literally. Morris Brown, a historically black school founded by freed slaves 22 years after the Emancipation Proclamation, found itself facing $380,000 in overdue water bills in December, prompting the city to dry up service to the campus. Without short-term loans to pay off some of its millions in debt, Morris Brown announced, it would have to close for the spring and possibly forever. Luckily, alumni stepped up to the plate: their contributions at two rallies in December and January - including $100 in quarters, donated by the 13-year...
...governments around the world roll out trillions of dollars in stimulus spending to combat the global recession, debate is raging over whether the flood of money will provide much more than a short-term economic boost and whether much of the cash will ultimately be wasted. Vietnam, which like most Asian countries is being hammered by the downturn, is discovering that even the most direct form of stimulus spending - cash giveaways to citizens - can wind up in the wrong hands...