(English) Maximize Your Return On Educational Investment In A Recession
The current global recession is a foreign concept for the majority of young Canadians. Those of us who were still children during the last recession in the early 1990s have witnessed nothing but robust economic times and strong labour markets for nearly 15 years. But that all changed in the fall of 2008, as the perfect economic storm rolled in and eliminated many perceived certainties. The U.S. housing market bubble burst. The global financial sector fell into chaos. Stock markets and commodity prices took a nosedive. North American auto makers, already struggling, were forced to the brink of collapse. All of these factors resulted in a downward spiral for the labour market.
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