Global Economic Problems: Hitting Hard on the Social Economic Status of Workers

The global economic crisis is starting to mend after its worst downfall in 2008 until the early 2009

. Some countries are starting to recover with positive indications of growth on their gross domestic product (GDP) expressing recovery in international trade and production of global industries. The economic journal of different countries had been indicating these improvements resulting to more positive ideas and reformatory programs to further enhance the global economic situation.

The improvement on the global economic situation and recovering international trade will start the building up of new industries and who knows even the reopening of foreclosed companies and start generating jobs again for foreign and local workers. These will give the workers a new outlook in alleviating their social economic status and as the global economic crisis continues to recover more jobs will start generating in the near future.

Global Economic Problems: Hitting Hard on the Social Economic Status of Workers

By: meghnath

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