A Week's Worth

• Tech trouble: After reaching lofty highs early this year, tech stocks have begun a slow retreat. The high-flying Nasdaq fell 1.7 percent for the month of February - the first monthly loss since last September. The drop says more about investors' mood than the economy. The nation's gross domestic product grew a little faster last quarter than previously believed: 4.1 percent, according to the Commerce Department. Some economists think GDP will grow a little faster than that this quarter.

• Staying in school: US workers are getting more education. In 1962, a secretary averaged 12.4 years of schooling; by last year, he was up to 13.2 years, according to a study by the Employment Policy Foundation. Even highly technical occupations saw improvement. Dentists surged from 17.8 years in 1968 to 19.0 last year.

• Hispanic hiring: For the first time since January 2000, Latinos experienced increases in employment last year that consistently outpaced their population growth in the US. A Pew Hispanic Center report found that immigrant males, especially the most recently arrived, and those in the construction industry, did the best; Hispanic women and native-born Latinos, particularly those of the rapidly growing second generation, did less well.

• Femme Exed: Marion Shaub of Wrights- town, Pa., won a $3.2 million judgment against Federal Express. Her sexual-harassment lawsuit alleged that as the only female tractor-trailer driver at one of its facilities, she was barraged with antifemale remarks and threats, and her truck brakes were sabotaged.

You've read  of  free articles. Subscribe to continue.
QR Code to A Week's Worth
Read this article in
QR Code to Subscription page
Start your subscription today