Today the BLS released more bad news informing the public that 437,000 more American families faced uncertain and possibly disastrous economic conditions summing up that 7,200,000 million families in total have experience a similar fate since the Christmas season in 2007. This is not just a recession, it is not a correction or a result of financial manipulation it is a fundamental change or shutter in the global and American economy. Of all people I should know, I  have been a recruitment and hiring professional for almost 26 years, oh that is the same figure that the BLS is using when it says our unemployment is the highest in a quarter of a century.

But beyond the TV attempts of economic cheerleading the economic new is far more foreboding if you are really looking at the data: Air, trucking, and rail shipping is down 20% year-over-year., global trade is down about 30% in all major exporting countries if or when the recession or this depression is ending you will see some uptick somewhere in trade and shipping. In reality we are probably in relative terms what 1930 was and still we have 1931, 1932 and 1933 to go through. Get it.

The thing is the Great Depression was a complete While this change will entail a great deal of pain and a reduced standard of living for a large number of people, by the time the Crisis subsides, society will have pretty much remade itself in ways