The Enigma of Long-Term Unemployment

The Enigma of long-term unemployment a possible explanation. The story's conclusion is below and the title and the authors; Richard Peach, Josiah Bethards, and Joseph Song.

Labor Force Exits Are Complicating Unemployment Rate Forecasts

" The labor force participation rate has fallen sharply since the previous business cycle peak in fourth-quarter 2007. The decline has been more pronounced than one would have predicted based on the trends of the past decade, such that the participation rate is roughly a full percentage point lower than its underlying trend. Forecasts of the U.S. economy for the next several years that are quite similar in most other respects could have quite different paths for the unemployment rate depending on the assumptions made for the labor force participation rate over the forecast horizon. Moreover, a declining unemployment rate does not necessarily imply that the labor market is tightening if it is due to a decline of the labor force participation rate. "

Santa Tracker

Now Santa is in South America ,,,Peru...

"Live with Dignity" Rajabhat University Research

What does $40 dollars means to me? It means the difference of living off $5 a day and living off of $6 a day. A big increase of the UN MDG goals'. It means to me "Live with Dignity".

"Live with Dignity"

North Korea

North Korean and communist party officials "released a notice on Saturday informing" members of the Workers' Party of Korea, military "and all other people" of Kim's passing, according to KCNA.

The son of Kim Il Song, the founder of the communist nation, Kim Jong Il had been in power since 1994 when his father died of a heart attack at age 82.

The enigmatic leader was a frequent thorn in the side of neighboring South Korea, as well as the United States. There have been reports in recent years about his health, as well as that power will be transitioned to his son, Kim Jong Un.

G20 Mexico 2012

G20 Mexico 2012 A summary of the goals to be accomplished in 2012 in Mexico during the G20 Summit.

1. A meeting of finance ministers and central bankers on February 25-26, 2012.
2. The G20 on Friday February 20, 2012 agreed to increase the IMF resources but by how much is the question. 
3. The European Debt Crisis continuing caused the IMF to ask for  a lending capacity up to$500 billion.
4. The European Union consist of the 19 members of major economies to support sovereign finance.
5. Mexico's Deputy Finance Minister said that it is made up of two parts the European part and the IMF part during the 2 days meeting.

Mexico currently holds the presidency of the G20.

Academic Essay at DD

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G20 Mexico Summit 2012

G20, APEC and EAS Leaders recognised in Cannes that “global recovery has weakened,
particularly in advanced countries, leaving unemployment at unacceptable levels.”
The end-November OECD Economic Outlook made clear the very real
threat of double-dip recession, with growth forecasts now falling practically
daily. Yet the financial market irresponsibility and greed that were largely
responsible for the recession have not been curbed; inequalities are still rising
to the benefit of the 1% and even more of the 0.1% at the top, while sovereign
debt crises put ever greater strain on the Euro, creating a context in which
unemployment is quasi-certain to rise further. The emerging economies in
the G20 are being affected too, and face particular social tensions in finding
jobs for millions of young people seeking work. And the 1.4 billion women
and men living in extreme poverty face little prospect of improvement in a
context of global economic stagnation.