Recession All around the world.....................

@abhaijith (2963)
India
February 23, 2009 2:28am CST
Hello friends, we know today the whole world is facing a crisis due to Recession(the state of the economy declines).Here in ma country many people got unemployed.Many companies made inactive.Difficult to get Job. what you think ?what is the cause of this?How it is affecting your area?
2 responses
@EMMA221 (27)
• China
23 Feb 09
hello friends. I'm working in an International Express Company,our company have reduced the staff because of the ecomomic crisis.And the lucky person that have continue to do this job have to face to reduce the salary. I think this crisis is a chain in the ecomomic development,after this hard period,I am sure, we will walk into another prosperity period.
@abhaijith (2963)
• India
23 Feb 09
Lets hope every thing will get alright soon. Thank you for your response friend.
@sanju9t (146)
• India
23 Feb 09
hello Friends as i am a software engineer i have recently joined a company in my city. that company deals in B2B portals in my country. so i have faced many problems during searching jobs i computer engineering. as you know the IT market/Companies facing many problems & fired many of the employee.due to which they get unemployed.this is the result of basically US. they have stopped outsourcing to other countries. so we are facing recession time and facing unemployment during this time. thanx