The index, a formulation of economist Arthur Okun and got by adding the proportion of unemployment to the inflation rate, is a popular measure in the developed world to judge economic well-being.
While the jury's still out on whether US President Barack Obama's proposed stimulus is the right way to help fix the economy, rising unemployment is something that's likely to trouble the President for many years to come.
Indian Davis Cupper Rohan Bopanna and Aisam-ul-Haq-Quershi rallied from a set down to defeat Ashutosh Singh and Purav Raja and advance to the doubles semi-finals of the US $50,000 ATP Challenger event in Korat, Thailand. The top seeded Indo-Pak pair lost the opening set but came back well to beat the Indian pair 4-6, 6-3, 13-11 in the quarter-finals.
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