New analysis of job market data finds that Phoenix, Ariz., is where college graduates have the best chance of finding work in the current economy. ( BusinessWeek )
Even sex is selling for less as a result of the recession : clubs and brothels in Europe have been offering discounts and other special offers to drum up business. ( Associated Press )
President Barack Obama yesterday predicted that the unemployment rate would reach 10% this year . ( Bloomberg )
The economic downturn is redefining retirement for many baby boomers. After losing jobs during what they thought would be some of their peak earning years, many are struggling to get back into the workforce. ( USA Today )
A report from the State Department says the recession is causing a rise in human trafficking around the globe . ( USA Today /On Deadline )
Economists advising the American Bankers Association said the U.S. recession will end in the third quarter , but lingering high unemployment and large federal deficits may pose a longer-term threat. ( Reuters )
Whither the "American Dream?" Some families discover that cutting back from the boom’s excesses isn’t such a bad thing. ( ABC News )
Banks continue to write off credit card debt as consumers hurt by record high unemployment default at an increasing rate . ( CNN/Money )
"If our economy picks up too quickly, price cuts for food, real estate, and consumer goods due to the recession will fizzle quickly and be replaced by soaring inflation," worries Boonie Erbe. ( U.S. News & World Report )
TODAY IN SLATE
The Irritating Confidante
John Dickerson on Ben Bradlee’s fascinating relationship with John F. Kennedy.
My Father Invented Social Networking at a Girls’ Reform School in the 1930s
Renée Zellweger’s New Face Is Too Real
Sleater-Kinney Was Once America’s Best Rock Band
Can it be again?
The All The President’s Men Scene That Captured Ben Bradlee
Is It Better to Be a Hero Like Batman?
Or an altruist like Bruce Wayne?
Driving in Circles
The autonomous Google car may never actually happen.