Americans Feel 15.6% Unemployment as Underemployment Surges
April 6 (Bloomberg) -- Joseph Ramelo gave up searching for work in January to return to school, two months after he was laid off as a San Francisco election clerk. Antonio Poe is struggling to get by doing part-time landscaping in Greensboro, North Carolina, after losing his job as an electrician.
While such workers are feeling real pain from the recession that began in December 2007, they’re not represented in the 8.5 percent unemployment rate the Labor Department reported last week. They are part of a broader group that includes those who want a job but have stopped looking for work and those who want full-time positions but have to settle for part-time employment.
Bloomberg.com
With a rocket, Obama's hope is shot back down to earth
History may one day record it as a stark irony - and let us hope an amusing one rather than the tragic kind - that on the very day that Barack Obama was sketching out to an adoring throng in Prague his vision of a post-nuclear world, North Korea launched a rocket that may one day give it the capacity to fire a nuclear warhead as far as 3,700 miles. This means, to get down to brass tacks, that it could hit Alaska.
The juxtaposition is worth dwelling on. Symbolically, it describes an age-old tension in statecraft, something scholars and writers have argued about down the ages. Is history made by great, mould-breaking leaders, or is change - both for the better and for the worse - more likely the result of a coming together of larger social forces?
Gardian
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