Work, recession, and Philippines

i think it does have an effect on us here in the philippines. I mean here in our country even without the recession it's really hard to find a job even if you are a college graduate. Currently i am employed but I want to switch careers this year but I'm having a hard time to find a job even with the experience I have had with my previous job. I think it does have an effect but nevertheless finding a job here in our country has always been hard.

Recession is basically the contraction of the economy by more than 2 quarter (6 months). When the economy shrinks for more than 6 months - that's recession. It's a common phenomenon-though this one that we're experiencing is not-so-common. I think everyone should be concern - I do think, however, that the effects is less felt in third world countries like the Philippines than say the US (though I don't really know - I just know that it's hurting me here in Cali).The effects is less felt in the Philippines because the hardship that you all have gone through compared to this one is fairly average. To you - this is just another part of life (no-offense). In fact, you guys are stronger than us when it comes to dealing with things like these. To us - this should be just a part of life too. However, because the U.S. deals with debt (utang) so much - it's harder when you lose your job or lose your hours. Now you need supplemental income of some sort. I hope I'm making any sense. cheers! And hang in there - the economy is bound to bounce back, that I'm sure.