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2011-09-15 20:19:02

A study published in the October issue of the Journal of Labor Economics suggests an unexpected consequence of the housing bust: lower college attendance. The study, by Cornell economist Michael Lovenheim, finds evidence that when home values soared in the late 1990s and early 2000's, many families borrowed against that new equity to send kids to college, boosting overall college attendance nationwide. Now that the boom is over and families have less equity in their homes, it could mean...

2011-09-05 11:52:39

The Great Recession and ensuing job crisis continue to take a toll on union membership, according to UCLA's annual report on organized labor. From July 1, 2010, to June 30, 2011, unionization rates remained essentially flat in Los Angeles but fell close to a percentage point in California and tumbled to historic lows nationwide, researchers from the university's Institute for Research on Labor and Employment (IRLE) found. "The trend is bad for unions, it's bad for workers and, because...

2011-08-05 07:30:00

GIVAT SHMUEL, Israel, Aug. 5, 2011 /PRNewswire/ -- DSIT Solutions Ltd., a subsidiary of Acorn Energy Inc. (NASDAQ: ACFN), announced that its Projects Division was awarded a new manufacturing and simulator development contract valued at approximately $1.75 million. The customer is a leading integrator with whom DSIT enjoys a long and mutually beneficial business relationship. Work on the project has already begun and is expected to be completed in the middle of 2012. The customer has...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.