Monday, February 23, 2009

The international crisis frightnes students

The U.S. economy has destroyed 159,000 jobs in September, a figure far worse than expected raised fears that the recession is already there in the first world economy.

Nowadays, a lot of people are worried about their future.
The international crisis could engender an increasing unemployment for the next years. How do act future active people in front of this crisis?
Gladys, French student within
Winthrop University, explains that she is frightened by rising unemployment in the world: “The unemployment rate in France was already very high before the crisis, approximately 12%, if the United States has known too an increase of their rate of chomage, as for year 2008, such a raising around 6%, we then become aware that it's a criticism situation!”, she argues. Marie, her roommates, French students too, is worried about the recognition of its graduates when entering the labor market: “Will I get the opportunity to work in the field that I would? Is my work will be paid at fair value? That’s many questions which all students used to wonder all the time”, she says.
So what are the sectors which are touched by this international crisis? The numbers are flat: the automobile sector is the most touched.
However, a lot big companies are undergoing money problems and they have to reduce their cost.
Saïd, professional soccer in Charlotte, explains that the sector of sports is also touched by this crisis: “During 2007, it was easy to be sponsored by large as Nike or Adidas. Today very few large sponsors dare bet on soccer team with young professionals. They can no longer afford to invest. They prefer to keep their budget for already famous teams .” He explains. Therefore, the communication sector is in a critique situation.

Today, Barack Obama has decided to take some important measures for improve the economy growth. Those are explained in this video: Barack Obama: Confronting an Economic Crisis

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