when could the financial crisis end?

@hwj308 (64)
China
November 1, 2009 6:44pm CST
since 2008,I always hears of many friends whose his parents has been fired out ,especially in the coastal city ,for example in Quanzhou ,FuJian,China ,many workers working on the port have to leave the job, I have been 21 years old ,I have to hunt for my favourite job.but thousands of factories and companies have go bankrupt,although the situation is not worser than USA OR UK ,I don't want to stay at home without a job after I graduated from the college for serveral monthes! Can you tell yours country's situation and give us some advice?
9 responses
@cher913 (25890)
• Canada
2 Nov 09
hopefully soon. my hubby lost his job in august and we are struggling financially. i hope he will find a job soon. i heard that it will take some time before canada and the us are out.
@getbrowser (1715)
• China
2 Nov 09
world financial crisis - the world financial crisis is spreading.
Yes, with the downturn of the economics, it is next to impossible for students to hunt for their favourite jobs. Everyone want to find a high-paid job and there are more and more jobless people for the side effect of the financial crisis. You see, in my country, every year, there are lots of graduates so that it is always full of competition when students want tpo find a better job. For the keen competition, many people have to stay at home and wait for a chance. Everyone hope that the financial crisis end at once. Wish you success.
• United States
2 Nov 09
In the U.S. unemployment is still high. The good news is the stock market usually rises 6 months or year before the economy turns upwards. At least that is the historical facts. So, if it proves to be correct again, then we shouldn't have long to go. This crises wasn't all that bad for me personally. I started buying stocks in Oct. of last year and have made a big profit. When I started buying the market was around it's low point and in the last 4 months it has really shot up. I am starting to unload my holdings. If you have the chance buy some good companies in the Chinese stock exchange. Hold on to them because China is going to be a economic powerhouse this century.
@sabirin (95)
• Singapore
2 Nov 09
financial crisis is not over yet.even you see the share prices when up but the value of us dollar in low.all this because of inflation
• Italy
2 Nov 09
I have heard it should start improving by the first monthes of 2010...sometimes there's an article saying it's getting over. I see there's plenty of people without a job and me grasping to mine. And I see my pocket is empty most of the time. So even if they say it's getting better, I don't see any result in my pocket. I think those news and opinions work more to help us keep hpoing. One day it will be over and one day we'll barely remember there's been a recession time, but until then we need to keep hoping.
@maharlikah (1045)
• Philippines
2 Nov 09
The question is quite hard to answer. I was thinking about this too when I was looking for a job. Majority of the company was telling they are having a retrenchment and if not the forced leave. I did not lose hope I just thought I can still find a good job and I really have it. Somewhere wherein my expertise is most needed.
@maharlikah (1045)
• Philippines
2 Nov 09
The question is quite hard to answer. I was thinking about that too when I was jobless and looking for a new job. Majority was saying they are having retrenchment or forced leave due to recession. I did not lose hope but continue searching for a compny that needs my expertise :-) until I got a job.
@gloamglozer (1285)
• Australia
2 Nov 09
In Australia, we're pretty much out of the recession and things are picking up again. It has even been predicted that the Australian dollar will match the US dollar in the future. I think if you want job security then do a job that is never going to be out of business, such as the ones health sector. That may not be what you want though, so perhaps something else that doesn't go out of business.
• India
2 Nov 09
Some people say that it will be ended by the end of 2009. But its still there. I don't find much of companies coming to college campus for interviewing. I'm also very much worried of these as I'm expecting to get a good job through the campus interviews conducted by big companies. I was interested to go to the IT field but it looks like its pretty bad situation there. The crisis is not yet over. Lets hope that it will be over by 2010 atleast..