Posts tagged recession
The Beginning Of The End
Feb 10th
Every good thing has an end and so does the bad things, and the only bad thing that has hit the economy since the second world war is this global recession. But fortunately it is coming to an end as well, say the economists. With the increased consumption and demand in the economy, and due to several tax cuts, lower interest rates, and many other initiatives the economic condition has revived itself from the downfall and is slowly raising instead of falling any deeper. Many predict that the global economic condition will return to its old glory in time so as to help the many un employed, and bankrupt people of the world who are In the verge of poverty. Though it’s only a prediction it sure does help boost the spirits of many.
Job cuts (Market Watch)
Dec 1st
We all know that the recent recession in economy has made life miserable. According to the predictions made by economy geeks around the world an economic revival is not expected within next 6 months. Due to these adverse happenings companies are trying various strategies to cut expenditure. CEO’S are into more job cuts and spending cuts.