Is it recession in USA & Europe?

Question

This is what I head and read. that the recession of USA is reaching everywhere. but what about Europe it should be strengthened by the recession of USA. Who will be affected multinational organizations or small ones? What if someone wants to relocate and find a job in USA or Europe will he get in the tornado or what ?

Answer 1

We are not in a recession.  A recession occurs when real gross domestic product (GDP) growth is negative for two or more consecutive quarters.

Answer 2

We are not in a recession as of yet.  You do not state what your qualifications are so it is hard to say if you could get a job.  I suppose you could come on a vacation  and see if you find what you might be able to do.  If you dont find jobs that you have qulifications you would be able to return home.

Answer 3

Actually, the US isn't in a recession although there are fears that we are headed that way.  Economies in other countries are struggling also.