Word: percenting
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...Bloomberg recently reported "Fallout from the recession implies a 'markedly higher' natural rate of unemployment, says Edmund Phelps, a professor at Columbia University in New York and winner of the 2006 Nobel Prize in economics. "It was 5.5 percent; maybe it will be 6.5 percent, maybe 7 percent." Phelps has a number of equally qualified experts who agree with him. (See pictures of Cleveland struggling with unemployment...
Harvard Law School will lay off staff members in response to budgetary constraints imposed by University administrators, acting Dean Howell E. Jackson said Monday. The likely layoffs come amidst continued estimates of a 30 percent decline in endowment value by year’s end and a corresponding reduction in the endowment payout—a major source of funding for the University’s different schools that accounts for 40 percent of the Law School’s annual revenue. A recent University request for a 10 percent reduction in the Law School budget has made staff layoffs...
According to Brainard, HCL will have to reduce its operating budget by 15 percent and plan for an additional 16 percent reduction over the course of the next two years...
...capital to sustain itself during the current recession. Perhaps the deans and the Corporation should release more endowment money to schools like FAS in order to ensure that budget cuts can be made without layoffs. Right now, the FAS budget deficit of $220 million comes directly from an eight percent decrease in endowment money being funneled into FAS. Although it would be unsustainable over the long term, Harvard could dip further into its endowment over the next year or two in hopes that the economy will begin to grow again...
...female ejaculation: "Today, the existence of female ejaculation is more accepted in the scientific community, although it still has its detractors. From survey results, some sexologists estimate that about 10 percent of women ejaculate during orgasm ... Why don't more women experience ejaculation? It seems that the initial sensation ... is similar to the feeling women get when they need to pee. Not surprisingly, many women put a stop to the stimulation right there. They don't know it's leading to ejaculation and they don't want to pee in the presence of their partners." (Read "Help for Sex-Starved...