Word: problems
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Dates: during 2000-2009
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...problem isn't just a soft job market - it's an oversupply of graduates. In 1973, a bachelor's degree was more of a rarity, since just 47% of high school graduates went on to college. By October 2008, that number had risen to nearly 70%. For many Americans today, a trip through college is considered as much of a birthright as a driver's license. (See pictures of the college dorm's evolution...
Employers and career experts see a growing problem in American society - an abundance of college graduates, many burdened with tuition-loan debt, heading into the work world with a degree that doesn't mean much anymore...
...ramping production back up, but demand hasn't fully returned, so they hesitate to hire. The conundrum: demand in the U.S. is overwhelmingly consumer-driven and people need to have jobs to feel like it's once again safe to spend money. It's a classic chicken-or-egg problem. Direct hiring by the government could, theoretically, sidestep the impasse. The question then becomes whether such a program creates more economic benefit than it does economic inefficiency by having the government dictate job creation. Consider that one criticism of the WPA was that it prevented people from moving to jobs...
...jobs. To do that, they need to grow, and to do that, they often need access to credit. While the ability of large firms to borrow has pretty much returned to normal, many smaller firms are still struggling to get the money they need from banks. It's a problem that even Federal Reserve Chairman Ben Bernanke has talked about in recent weeks. The seeming solution: help get small, growing companies loans and the jobs will follow...
...film at the City of David visitors' center, narrated by a fictional Israeli Indian Jones-type character named Amos (armed with a "shovel and a Bible"), never mentions Christianity or Islam and ends by proclaiming that "neighborhood by neighborhood, Jerusalem is renewed as the eternal capital of Israel." The problem is that Jerusalem was not always the capital of Israel - the city was ruled for centuries by Christian and Muslim empires. Today, its status remains disputed. The City of David and the Old City are located in predominantly Arab East Jerusalem, which was captured by Israel from Jordan during...