Nowhere has the sheer number of people who have lost their jobs been as large a number as those in China. Unemployment is usually given as a percentage of the population, 1%, 2% etc.

So to many, it seems that the unemployment rate in America seems high, with the latest released numbers being 7.2% or 11.1 million people.

I’m not sure what the percentage of unemployment is in China, but I read a recent article the other day that claimed that 20 million people have lost their jobs. As a percentage of their total population that’s nothing, barely 2%.

So what does 20 million people out of a job look like?

So how bad is the recession going to effect you? Well with Internet marketing, you can lessen the blow, or even avoid it altogether. I’ll tell you why in a later post.

Recession Schmesession,

-William Lee

[Photos: People’s Daily, Mails I Read, Global Voices]