Word: researching
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...feels like big companies are doing more than their fair share of letting employees go these days, that's not just because mass layoffs at blue chip firms are the ones that make headlines. New research suggests that in times of recession, large employers disproportionately lose workers, while small companies, as a group, fare better. "It's definitely the case that large firms are downsizing much faster in recessions," says Giuseppe Moscarini, an economist at Yale University who conducted the research with Fabien Postel-Vinay of the University of Bristol...
...1970s; there was not. Will asserts that there has been no global warming in the past 10 years, citing the World Meteorological Organization; the WMO actually says that the world has been warming since 1998. Will claims that the University of Illinois’s Arctic Climate Research Center has said that global sea levels are at the same level as in 1979; the center quickly responded, clarifying that they had claimed no such thing. These are only three examples; the full list of the piece’s distortions is much longer...
...anything under $22,000 for a family of four), it does not define what it means to be middle class. The U.S. Census Bureau says the median income in the U.S. is about $51,000 a year, but how far does the "middle" stretch? According to a 2008 Pew Research Center survey, half of Americans self-identify as middle class. (See pictures of Americans at home...
...everyone is so convinced. The current improvement in data "is not big enough to warrant optimism" that a recovery is around the corner, says Eric Fishwick, head of economic research at brokerage CLSA in Hong Kong, who has maintained his 5.5% growth estimate for 2009. Jun Ma, an economist at Deutsche Bank, argues that China will experience a "double-dip" or "W-shaped" recovery. While the economy may show signs of life in the near term, he believes the current upturn will fizzle and the economy won't hit a final bottom until the first half...
...Economist Jim Walker of Asianomics, an independent research firm in Hong Kong, argues that what appear to be signs of recovery in China are in fact indications that the country might be headed for long-term problems. Walker believes that Chinese policymakers aren't allowing the economy's excessive and unnecessary industrial capacity to die off naturally, keeping alive sick companies that could drag down the economy in the future. "By throwing money into the economy ... Beijing is running the risk of turning a nasty cyclical downturn into a structural problem that will take years to unwind," Walker writes. "Beijing...