NJ5 on 11 July 2009
akuma587 just one thing... Don't pay that much attention to those who say employment is a lagging indicator. This is a consumer-led and credit recession, where lower consumer appetite and people's/businesses' inability to pay their debt results in most of the problems, not just a recession generated by too much inventory which requires an adjustment in manufacturing capacity (i.e. the most typical kind of recession).
The full impact of the huge amount of unemployed people this year hasn't been felt yet. These people have only recently reduced their spending and many of them are just now getting into trouble with their mortgages and other debt.
My Mario Kart Wii friend code: 2707-1866-0957
