Recession for progression
The world economy has received a second yellow card, which hasn't become red
In brief: Recession turn job market into desert.Recent reports in the U.S. and Europe frustrated but not finished. For example, Obama hadn’t disappointed at all. Manufacturing, once the backbone of the economy, has taken a big hit in the current recession, and small and medium-sized enterprises often bear the brunt of the downturn.
Last year 19,000 jobs were lost in manufacturing in Ireland. From January to May this year, more than 7,700 manufacturing jobs were lost – up 139% on the same period last year. It’s just one of the examples… Is it rececssion for progression?
2009-06-23 15:17, Economics.
News on: europe, Ireland, jobs, manufacturing jobs, United States