Word: sectored
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...economic slowdown now, a slowdown that has already turned into a recession in the manufacturing sector. And so when German-American carmaker DaimlerChrysler led Monday's business sections with the announcement that it would be cutting 26,000 jobs over three years, all on the money-losing Chrysler (American) side of the Atlantic, the Street sighed and sold the company's stock down $1.14 to $47 by noon...
...others defending the plan counter that it's wrong to discriminate against groups that provide valuable social services simply because they have religious roots. And there is evidence from at least once source that faith-based groups are getting plenty of business - and attracting plenty of volunteer participation. Independent Sector, a nonprofit organization that supports the President's initiative, has issued a study underlining the social impact of America's 353,000 religious congregations. According to that report, nine in 10 congregations provide services beyond spiritual programs, including health, education and arts programs. It's precisely those programs, Bush emphasizes...
This sudden embrace is a matter of practical demographics. With the shrinking of unionized manufacturing, the labor movement has lost members--and political clout. Now focusing on the growing service sector, unions see immigrants, including the estimated 5 million to 6 million undocumented workers, as a rich source of new constituents. The bulk of the illegal ones are Latinos, who are joining unions at twice the rate of Caucasians...
...There are not as many offers in the technology sector and it's my guess that people are going to be fighting for more conventional jobs on Wall Street," said Shewin Rosen, University of Chicago distinguished service professor of economics and social sciences...
...value of Internet stocks have fallen through the floor. This is going to put a damper over the Internet sector and Wall Street, which is down already 10 percent from what it was a year ago," Mankiw said...