Fox News discussed the rising unemployment rate last week, the new data is very alarming. If you missed that news time, you can watch it here by clicking the link below.
http://www.youtube.com/watch?v=U9xXebypGwU
American well-known economist Nouriel Roubini recently predicted that this recession is going to be a U-shaped recession, meaning it takes a longer decline before it bounces back. And it takes even longer for job market to be returning to healthy.
Nouriel Roubini had been sucessfully predicted the sub-prime mortgage crisis before it happened. Now his predictions are very powerful and influential.
Being aware of the economic situation helps us to be well prepared. Make sure you have both career plan and financial plan set for any situation that might come to you.
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