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...From December 2007 to August 2009, the economy jettisoned nearly 7 million jobs, according to the Bureau of Labor Statistics. That's a 5% decrease in the total number of jobs, a drop that hasn't occurred since the end of World War II. The number of long-term unemployed, people who have been out of work for more than 27 weeks, was the highest since the BLS began recording the number in 1948. Jobless figures released Sept. 4 showed a 9.7% unemployment rate, pushing the U.S. - unthinkably - ahead of Europe, with...
...from anything we've seen before. And if the result is that we're stuck with persistent 9%-to-11% unemployment for a while - a range whose mathematical congruence with that other 9/11 is impossible to miss - we may be looking at a problem that will define the first term of Barack Obama's presidency the way the original 9/11 defined George W. Bush's. Like that 9/11, this one demands a careful refiguring of some of the most basic tenets of national policy. And just as the shock of Sept. 11 prompted long-overdue (and still not cemented) reforms...
...comes at a time when Atlanta is struggling with financial red ink, rising crime, and an increasingly affluent population fed up with high taxes and poor services. When November comes, Atlantans will have to give the mayor's job to someone other than incumbent Shirley Franklin, who is term-limited after eight years in office. (See the five best big city mayors...
...there ever was a Black political machine, it was headed by Maynard Jackson, who was elected as mayor at age 35 in 1973, served consecutive terms and a single term in the 1990s. He endorsed every winning candidate before his death in 2003. Now the "Jackson machine" is largely history, Atlanta political insiders tell TIME, its membership dispersed since Jackson left office...
...with an upsurge of ultra-nationalism among some younger Australians. The issue facing South Asian students is far larger than a few isolated - and possibly opportunistic - attacks, says Unni, the Sydney coordinator of the Federation of Indian Students of Australia. The far bigger problem, he says, is the long-term systemic neglect of the welfare of foreign students in Australia, with too many students being treated as cash cows by indifferent government authorities and unscrupulous private-college operators...