This is the picture of Job seekers who line up for a career fair in New York last May 28. According to the government report, the Unemployment rates here in the US increases for 5.5% in May and was considered to be the biggest one-month jump since February 1986 and is the highest level ever seen since October 2004. It also said that the increase of the unemployment is also a sign of recession. The question is, when it would end up or shall we say Would it get worst?
What is recession anyway? A recession is generally associated with a decline in a country’s real gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year. Click here to Read More…
