Recession has afflicted at least half of the workforce has been in the US

More than half of the workforce has been hit by the recession in the US. Those concerned have lost their jobs, their salaries and the amount of working hours have been reduced.

It will have profound consequences on economic growth that consumer behaviour has become more economical in the US, since its main driver has always been consumer spending. Sixty percent of Americans takes less loan and spend less than before. According to a survey, especially Afro-Americans and Latin-Americans have been afflicted by the recession – reports MTI based on Washington Post.