Word: sectored
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...jump-start the economy, but voters shied away from these in favor of the Law and Justice Party's more socially oriented approach. Before the vote, the now President-elect told Time he opposed privatization of industries he considered vital to "Polish national security," especially in the energy sector, and that he favored a more "sensitive" economic policy. Translation: the brothers are expecting to slow the privatization of industries, reduce taxes for low-income families, and increase pensions and family-welfare payments by making cuts in the bureaucracy. An attempt to form a coalition between the Kaczynskis' Law and Justice...
...Freiburg's green credentials have made the city the largest solar research center in Germany, and environmental services - like installing solar panels and purifying waste water - account for 3% of all jobs in the region. "We've got four times as many jobs in the solar-power sector than anywhere else in Germany," beams Salomon, who's a member of the Greens. Architect Rolf Disch is one of the businessmen who has benefited from that environmental focus. He ducks under a low-hanging beam as he steps out onto the roof of the solar-powered office and apartment building...
...analysts at Barclays Global Investors in San Francisco estimates that public-employee pension funds in the U.S. are short $700 billion. That's more than all state and local governments collected last year in property, sales and corporate income taxes combined. As a result, many employees in the private sector will get hit with a double whammy: while their pensions erode, increasingly they will be hit with cuts in government services and forced to pay higher taxes to cover the pensions of public employees, the kind they can only dream about. In three-fourths of the states, public pensions even...
...defined-benefit pension, long the gold standard for retirement because it guarantees a fixed income for life. The number of such plans offered by corporations has plunged from 112,200 in 1985 to 29,700 today. Since 1985, the number of active workers covered in the private sector declined from 22 million to 17 million. They are the last members of what once promised to be the U.S.'s golden retirement era, and they are fast disappearing. From 2001 to 2004, nearly 200 corporations in the FORTUNE 1000 killed or froze their defined-benefit plans. Most recently, Hewlett-Packard, long...
Perhaps more than any other sector, Harvard’s media scene has fallen victim to this lure of independence—and the new year’s crop of upstart publications is proof that students would rather create redundant projects than adjust to an existing niche...