• Post Reply Bookmark Topic Watch Topic
  • New Topic
programming forums Java Mobile Certification Databases Caching Books Engineering Micro Controllers OS Languages Paradigms IDEs Build Tools Frameworks Application Servers Open Source This Site Careers Other all forums
this forum made possible by our volunteer staff, including ...
  • Campbell Ritchie
  • Paul Clapham
  • Jeanne Boyarsky
  • Junilu Lacar
  • Henry Wong
  • Ron McLeod
  • Devaka Cooray
  • Tim Cooke
Saloon Keepers:
  • Tim Moores
  • Stephan van Hulst
  • Frits Walraven
  • Tim Holloway
  • Carey Brown
  • Piet Souris
  • salvin francis
  • fred rosenberger

Is recession out?

Ranch Hand
Posts: 142
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
Is recession out? Or still there??
What is the scene in India?

Its seeming to be java openings there in the companies.
But only 2+ yrs experience.
When the market is gonna booming up??
Any idea?
Ranch Hand
Posts: 597
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
Well companies have slowly started hiring but it will take some time ( no one knows how much ) for those boom days to come back.
Posts: 6663
MyEclipse IDE Firefox Browser Linux
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
Companies have been hiring for the last 6 months, at least. Any experience level / role / platform / technology that you are looking for ?
Posts: 23877
jQuery Eclipse IDE Firefox Browser VI Editor C++ Chrome Java Linux Windows
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
First, unemployment indexes are generally a lagging indicator, so whether the recession is done or not doesn't indicate that the jobs are back. Although, being out of the recession is good.

Second, although I am seeing jobs -- meaning that friends of mine, who has been out of work, seems to be re-entering -- the overall numbers still look bleak IMO. Where I am, unemployment is just below 10 percent. This is better when compared to last month. However, compared to last year at this time, it was just over 5 percent.

On top of that, this improvement could be caused by the seasonal jobs -- the temporary jobs during the holiday.

Regardless, IMO, the numbers to look for is the holiday spending numbers. How the retailers do this holiday season, should be an indicator of spending confidence, which if positive, generally leads to hiring.

Let's get him boys! We'll make him read this tiny ad!
Devious Experiments for a Truly Passive Greenhouse!
    Bookmark Topic Watch Topic
  • New Topic