lending why wouldn’t people lose their job. Anyone in the engineering industry who has history of being through recessions in the 90’s should recall substantial layoffs. I know I recall them well. I worked at General Instrument at the time. We made digital satellite and cable boxes. About every 3 months our company would “reorganize”…
The cause of the recession is mostly irrelevant to the way that the recession will hurt employment.
In our upcoming recession I will be much less worried about my real estate business as compared to the digital design team that I run.
