When will the economic crisis pass?

2012

The financial crisis has led to a global economic recession, and optimistic estimates suggest that recovery will take at least 2 to 3 years. I just came back from the United States. Many companies in the United States have frozen recruitment due to shrinking business, and Boeing is going to further lay off employees. As my country's largest trading partner, the weakening real economy of the United States has directly caused my country's export companies to face a severe situation. The first to be affected are finance, securities investment, international trade, real estate, automobiles and other industries. This is an important period for college graduates to find jobs. It is difficult to predict how much impact the financial crisis will have on the employment of college students. However, it can be preliminarily judged that with the increasing spread of the impact of the financial crisis, first of all, the business of multinational companies and outsourcing companies Shrinking will reduce the number of employees and freeze recruitment; secondly, domestic manufacturing and export-oriented enterprises that provide parts, raw materials, and semi-finished products to foreign industries will also be affected; of course, it will have a greater impact on the downstream raw materials and energy industries. The introduction of government bailout policies will stimulate demand in the construction industry, thereby driving the recovery of the raw materials and energy industries. However, there is a lag time before the effects are seen, so college students who are looking for jobs may not necessarily feel the effects of the policies. There are more than 6 million college graduates in need of employment in 2009, and the employment situation is not optimistic. Financial majors are more affected. As corporate business shrinks, the demand for financial managers decreases first, followed by technical personnel. Secondly, construction, energy, machinery, and IT majors will be affected