The perils of long-term unemployment

Alarming as the climb in unemployment is, the growing duration of joblessness is more worrying still.
Americas army of long-term unemployed ? those without work for six months or more ? swelled to 5.4 million, according to todays figures.This is roughly equal to the combined populations of Los Angeles, San Diego and Sacramento.
Source:http://blogs.reuters.com/columns/2009/10/02/the-perils-of-long-term-unemployment/

Tags: , , , , , , ,

Filed under:The News

U.S. recession seen ending in Q3, debate over recovery

The worst U.S. recession since the Great Depression will probably end in the third quarter, but uncertainty exists over the speed and duration of the economic recovery, according to the most recent survey of private economists.
Source:http://www.reuters.com/article/newsOne/idUSTRE5792C820090810

Tags: , , , , , ,

Filed under:The News

Mumbai attacks: Terrorists took cocaine to stay awake during

Terrorists who battled Indian commandos for 60-hours last week relied on cocaine and other stimulants to stay awake for the duration of the fight.
The full story is here:http://www.telegraph.co.uk/news/worldnews/asia/india/3540964/Mumbai-attacks-Terrorists-took-cocaine-to-stay-awake-during-assault.html

Tags: , , , ,

Filed under:The News