Recession Briefing 6.17

What Women Really Think
June 17 2009 1:29 PM

Recession Briefing 6.17

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 )

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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 )

Forget about all the fired workers: What we really need to know is how New York’s super-rich hedge fund wives are learning to cope with the recession. ( Times of London )

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

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Blacks Don’t Have a Corporal Punishment Problem

Americans do. But when blacks exhibit the same behaviors as others, it becomes part of a greater black pathology. 

I Bought the Huge iPhone. I’m Already Thinking of Returning It.

Scotland Is Just the Beginning. Expect More Political Earthquakes in Europe.

Lifetime Didn’t Think the Steubenville Rape Case Was Dramatic Enough

So they added a little self-immolation.

Two Damn Good, Very Different Movies About Soldiers Returning From War

Medical Examiner

The Most Terrifying Thing About Ebola 

The disease threatens humanity by preying on humanity.

Students Aren’t Going to College Football Games as Much Anymore, and Schools Are Getting Worried

The Good Wife Is Cynical, Thrilling, and Grown-Up. It’s Also TV’s Best Drama.

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