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...sudden surge in joblessness were first tried out a decade ago, during the region's economic crisis in the late 1990s. That doesn't mean they're always popular, especially if they involve involuntary pay cuts. Several Taiwanese high-tech companies, for example, began a forced policy of unpaid leave at the end of last year, prompting hundreds of workers to protest in front of the government's Council of Labor Affairs. The council requires that employers pay at least minimum wages and sign agreements with their employees on the terms of the unpaid leave. Even so, workers often feel...

Author: /time Magazine | Title: Can These Jobs Be Saved? | 4/2/2009 | See Source »

...hour days and Kramer had to take unpaid leave to prepare for his Aikido black-belt test. Even so, he's not thrilled. "I actually literally thought to myself before that I'd be willing to take a 20% pay cut to work 20% less hours," Kramer says. "But now that it's actually happened, I'm thinking work isn't so bad after...

Author: /time Magazine | Title: Can These Jobs Be Saved? | 4/2/2009 | See Source »

...Taiwan's Hsinchu Science and Industrial Park - where over 90% of the world's notebook computers, motherboards and cable modems are made - three-quarters of the nearly 130,000 workers took at least one or two days of unpaid leave a week during the first two months of 2009. For firms with an eye on an eventual recovery, one of the main reasons to cut working hours and not jobs is that it reduces costs at the same time as preserving the talent base. But cutting hours also adds to the bigger macroeconomic problem currently hammering the world economy: lack...

Author: /time Magazine | Title: Can These Jobs Be Saved? | 4/2/2009 | See Source »

...Most health-care providers rarely turn away patients in need of medical care. This is particularly true of hospitals, whose emergency rooms are mandated by federal law to provide treatment regardless of a person's ability to pay. That leads to millions of dollars in unpaid medical bills each year. Thus, when providers negotiate contracts with HMOs, for instance, they try to recoup some of those losses by raising prices for insured patients, which in turn leads to higher premiums. Because insurance markets are state-by-state entities with disparate regulations, residents of certain states - such as Montana, West Virginia...

Author: /time Magazine | Title: Do Your Premiums Help Cover the Uninsured? | 3/25/2009 | See Source »

...they get such a reaction that they get hooked and start writing a lot." Her special brand of Greco-American wrangling lured so many boldface names that the merely interesting wanted to write for her too. The Huffington Post now has 3,000 bloggers, all - media moguls take note! - unpaid. (Read TIME's 1995 story on Huffington, "A Woman on the Verge...

Author: /time Magazine | Title: Arianna Huffington: The Web's New Oracle | 3/19/2009 | See Source »

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