Coronavirus Update: Our team is here to help our clients and readers navigate these difficult times. Visit our Resources page now »

Skip to Main Content
by SixFigureStart | October 20, 2009


Says who: Eric Schmidt, Google’s chief executive

"While there is obviously a lot of uncertainty about the pace of economic recovery, we believe the worst of the recession is behind us… So we’re very optimistic now about the future. We now have the business confidence to invest heavily in the next phase of innovation, hoping to invent the future as we see it." (via SeekingAlpha)

Why he might be wrong: For the 15.1+ million Americans facing the most challenging job market in decades and struggling daily, with limited to no income to pay for food, lodging, and health care expenses, the worst is far from over. With unemployment rate expected to grow above 10%, it’s almost impossible to agree with Schmidt when he says the worst of the great recession is over. [Read more]

--Posted by Marie Wiltz,

An Unemployed Girl’s Review of a Novel on Unemployment
Recession Briefing 10.20: Hawaii Schools Out for Recession
Screwed: 21,773 at AvtoVAZ


Don't Miss Vault's Newsletter

Career advice, tips, and updates on Covid-19.