In April 2013, I have mentioned that job security is history and nobody is immune from it. That is becoming a reality, anybody will be shown the door out. What is worse than having no job security is that there are more job seekers than opportunities. The ratio may be 10 to 1 the least but it could be higher than that figure. The supply is scarce but the demand is high.
The 2013 economic crisis is dwarfs the 2008. Back in 2008, government have still money in their coffer to spend as stimulus fund. This year, most governments are bankrupts or in deficit beyond imagination.
When will this end, nobody knows!