Word: slowdown
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Lewis hypothesizes that as a result of the current economic slowdown, first-year students feel pressure to take care of themselves before engaging in altruistic community service or other extracurricular pursuits...
...times of the '90s were not just an economic story; they changed the lives of families too. Dads jetted around the country, moms could afford to give up their jobs, and families everywhere dreamed about new diplomas and big promotions. But family life was transformed again when the current slowdown began in March 2001. Two million Americans lost their jobs, while others saw their paychecks shrink. How is the changed economy affecting their emotional welfare? "Money is the physical manifestation of who you are. It defines you," says certified financial planner and best-selling personal-finance author Suze Orman. "When...
...That, at least, is the view of the shipping companies and operatorsthat locked out their 10,500 dockworkers on the West Coast after accusing them of staging a slowdown to resist the introduction of much-needed new technologies. Within days, the $300 billion in cargo that each year surges through the 29 Pacific ports had come to a standstill. Some 160 ships loaded with everything from bananas to Nissan 350Zs began stacking up around the harbors of San Diego, Los Angeles, Oakland, Calif., Portland, Ore., and Seattle while idling truck drivers were loaded down with wine, apples and cotton...
Continuing the scaled back recruiting efforts of the past two years, fewer investment banks and consulting firms will interview on-campus this year than in 2000 in what the Office of Career Services (OCS) attributes to the failure of the dot-coms and the post Sept. 11 economic slowdown...
Despite a worldwide slowdown in business travel, airlines are jetting ahead with long-term plans to upgrade their business-class perks. The reason: they don't want to be left behind when the sector takes off again. Cathay Pacific spokesman Patrick Garrett admits that investing in luxury touches like an in-cabin cocktail bar while the economy takes a nosedive seems counterintuitive, but it's the only way to keep patrons coming back. "Business class is the most competitive market, an airline's biggest profit earner and comprises the most demanding customers," says Garrett...