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Is recession (almost) over?

 
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Does US economy showing signs of improvement now? What do you people see? Do we have more companies hiring now? Is this phase of recession almost over?
What do you guys think?
 
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Hi,

Still we don't say anything... some companies start recruiting but it rate is too slow. let's hope for best...
 
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i can feel the economy is getting up soon
 
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I saw some big MNC stated hiring recently, but they hiring professional having experience > 2/3. Bad news for freshers/entry level job seekers, they need to wait.
 
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I think job market looks improved but recession is not over yet. I read this article last month Six of world's top 10 economies out of recession now.
 
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I do see few emails of job openings but it seems that companies have laid off quite a few people during peak of the recession and now when they are seeing growth in their order book in near future, they are trying to create a buffer so that any opportunity can be en-cashed.

But I think the market will be more matured now and companies will expect genuine profiles only. Some companies are asking for last few months' salary slips and bank statements. Although it looks funny at first, I think companies are trying to get those guys first who have managed to save their jobs in this bad phase.
 
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I'm still not seeing anything definite in posted positions, but I have seen some indirect indications that people are starting to take their projects off the shelf now.

Except maybe in St Louis. Accoding the the Federal Reserve the other day, that's the only one of their divisions not showing improvements.
 
Sandeep Awasthi
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This article says "From a technical perspective, the recession is very likely over at this point"

but "It's still going to feel like a very weak economy for some time because many people will still find that their job security and their employment status is not what they wish it was."
 
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Based on the amount of coding jobs that I'm finding if your'e not entry level the recession never really existed, or at least compared to the dotcom bubble.

Now to let you work remotely or have a second job? That's a whole other kettle of fish.
 
Tim Holloway
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I wouldn't go that far. I'm going to talk to someone later this week, but that's the first time since about May. The 2001 recession, however, I routinely went 6 months or more between interviews.

I may be over-pessimistic, but actually, except for the late '90's, I don't think a lot of people in the USA have felt they had any real job security since "perma-temping" was invented in the late 1980's.
 
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Last month I joined in an Investment Bank. Companies started hiring. :-)
 
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Saw this

Reccession Over

n this

US Reccession Over

finally this

India
 
Tim Holloway
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Just remember: Employment is a trailing economic indicator and expectations are that when job growth does come, it's not going to be a "boom".

This, of course, assumes that we don't do a "W"-type curve (double-trough recession).
 
Don't get me started about those stupid light bulbs.
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