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Even these figures leave out people who say they want a job but haven't looked in the past year. Economist and gadfly John Williams, whose online newsletter Shadow Government Statistics has gained a big following lately, adds them in, makes a few tweaks and gets to 21.8% unemployment in...

Author: /time Magazine | Title: The Real Jobless Rate | 12/21/2009 | See Source »

Such measures still rely on people's own assessment of whether they want to work. A BLS study a decade ago found that these self-assessments aren't all that reliable. So how about the simplest possible job-market measure, the employment-to-population ratio? Among Americans ages 25 to...

Author: /time Magazine | Title: The Real Jobless Rate | 12/21/2009 | See Source »

For decades, American conservatives have been warning of threats posed to the institution by a broad spectrum of foes. Henry Ford blamed Jews for the efforts to remove religious displays from public schools; in the McCarthy era, the John Birch Society saw the holiday as the target of a vast...

Author: /time Magazine | Title: Brief History: The War on Christmas | 12/21/2009 | See Source »

A former U.S. Army lieutenant and a columnist for the Washington Post, on the White House's plan to begin drawing down troops from Afghanistan in July 2011:

Author: /time Magazine | Title: Verbatim | 12/21/2009 | See Source »

To borrow Tiger Woods' euphemism, athletes "transgress" so often that the candor of a confession can, when played right, trump the severity of the sin. Woods shanked his apology, practically inviting us to gawk as sponsors bury his ads and a succession of alleged paramours peddle accounts of their trysts...

Author: /time Magazine | Title: The Moment | 12/21/2009 | See Source »

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