Global Meltdown-A nightmare for job seekers!!

Glee said:

For me, the global economic crisis means a few things. Right now, every country has to look after their own.

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deanhills said:

Looks as though things are really bad in the United States jobwise. I was watching CNN last night with the new unemployment figures as well as stories of people who are really struggling, especially in certain areas of the United States. So agreed. The United States has to be looking after its own people right now. I think there is the perception that all other countries in the world are struggling in the same way, but that is not completely true. Some countries like Canada, South Africa, etc. have very strictly controlled banking systems, and probably will suffer as a result of the fall out from the United States, but quite a number of countries are doing much better than the United States regarding unemployment.

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deanhills said:

I always find these statistics fascinating. How are they calculated for example? What do they consist of, what are the methods of measurement? I was in the UK last December and again at end of January and friends who had been there observed how deep the depression was and how countless all the job losses. But you are totally correct, when one looks at the published stats, the US unemployment figures seem to have almost doubled from January 2008 to date (4.8 to 8.1 - seasonally adjusted figures) whereas the UK unemployment figures had only increased from 5.2% in January 2008 to 6.5% currently. Boggles the mind!

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