Current event for the Past week July 18- 22

Companies are laying off employees at a level not seen in nearly a year, hobbling the job market. Jittery  employers are skeptical of recovery and, by extension, consmers willingness to spend. Across the country, long periods of unemployment have been more prevalent recently than during recoveries going back to the 1940s. More than one in three of the unemployed workers in several of the largest states have been out ofa job for more than a year. " It really is going to take a concentrated effort of employers to givepeople a chance who haven't worked in a while," said Betsy Stevenson, the Labor Department's chief economist. Rhonda Taylor, a 42 year old who lives in North Providence, RI, with her husband and three children, was laid off from a $60,000 a year IT post in April 2008. "Neither one of us can find a job, even a part-time one, said Taylor, whose husband stayed home to care for the kids. "Thats all we need, a minimum wage, part-time job, in order for us to maintain a roof over our head.
 
Alzheimer's researchers reported progress in early diagnosis, including the use of a chemical marker visible via brain scan, to detect substances associated with the disease that previously were invsive measure, scientist are gauging the widthe of blood vessels in the retina.

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