| Even as India continues with their hiring spree, the US | | | | holiday season around the corner and the shopping |
| market is reeling from the recession's deadly attack. | | | | lists are being made. There is validation that |
| The percentage of unemployment has now reached | | | | joblessness is full on track, no matter what specialists |
| to ten percent – for the second time since World | | | | or government bodies may say. |
| War 2. It begun to look more hopeful before it | | | | |
| relapsed back into its depressing mode of op. | | | | Based on a survey of company payrolls, the Labor |
| | | | | Department said that the economy had shed 190,000 |
| Millions of unemployed in the United States are of the | | | | jobs in October alone. Another survey conducted on |
| sentiment that no recovery is on its way. The | | | | households showed that 558,000 additional people |
| estimation lies in mid-2010 for the hiring to be | | | | were unemployed last month from the month before |
| resumed. Experts say that the unemployment rate | | | | it. The total count now is that 15.7 million American |
| will come down to a more normal three to five | | | | citizens are out of work. |
| percent in the next four to five years. | | | | |
| | | | | Small businesses and start-up companies seem to be |
| The 1930's recession seemed to have relived itself in | | | | among the hardest hit with little prior financial stability |
| 2009, and it looks like it may finally be coming to an | | | | to fall back on in times of difficulty. |
| end, even though the recovery period is expected to | | | | |
| remain around awhile yet. The recovery apparently | | | | As you know, accounts & finance jobs were |
| isn't expected to be strong enough to breach the | | | | the first to go out of the market when the recession |
| loss of jobs and revive small and start-up businesses | | | | hit with its deadly financial global meltdown, but |
| again. It looks like the unemployed may be out of | | | | research says that finance jobs are back! Whether or |
| work awhile longer. | | | | not there is a general ten percent unemployment |
| | | | | rate, finance jobs are slowly creeping back into the |
| As of now the record for jobless people for six | | | | market. Hooray to those in finance! Your luck is |
| months or more, is set at a whopping five point six | | | | turning around. |
| million. Few employers are being risk-taker enough to | | | | |
| begin hiring once again. Salary packages have been | | | | The financial services sector is beginning to grow and |
| slashed and raise-percentages promised are being | | | | hire and the accounts finance jobs, healthcare, IT and |
| postponed for awhile to come. | | | | ITES sectors are also slowly going back into hiring |
| | | | | mode. Companies are advertising for their hiring |
| October 2009 was the twenty-second consecutive | | | | sprees and candidates in India are once again looking |
| month that the United States economy has lost jobs. | | | | hopefully. |
| It is a depressing time to be left jobless with the | | | | |