Word: problem
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...expectations, both material (by 2007, 81% of families owned their own home and 21% had a second one) and professional. "That was the major social change of the transition," says Cristina Bermejo, director of youth issues for the Workers' Commission, Spain's largest union. "Illiteracy had been a big problem in Spain since the civil war. But in the '70s and '80s, there was a reaction against it. Suddenly everyone, even factory workers, expected their kids to go to university and do better than they...
Thwarted ambition is not the only problem. One of the dirty little secrets of Spain's boom years was the number of people Spanish firms employed on casual contracts. In an effort to make its labor market more flexible, the country has the highest rate of temporary jobs in the European Union: one in three. The great majority of those "trash contracts," as they're called by locals, go to the young, making them the easiest (read: least expensive) workers to fire. None of this is new. Young people have complained of being mileuristas since Europe adopted the common currency...
...much to blame. "In Greece, all flexibility in the labor market comes from young workers and the evolution of their wages is completely flat, while it continues to rise for people in their 40s or 50s," explains Philippe Askenazy, researcher at the Paris School of Economics. "The Greek problem stemmed from the fact that prospects for young people are more negative than for their parents." (See pictures of the riots in Greece...
...Times had no problem leaking state secrets, claiming the truth required that they be published. Yet it had no qualms lying about the kidnapping of one of its reporters to protect his safety. What is the difference? Bob Dame CHARLOTTESVILLE...
...would have done what John F. Kennedy did and plucked McNamara from Ford, where he was president, to be Secretary of Defense. In his early 40s, he was already an icon. He was the ultimate manager, a man who could use facts and numbers and analyses to solve any problem, even to wage wars in places we had never heard...