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Millennials hit by 2008 recession share survival stories with GenZ

Usa India city Mumbai pandemic crisis Coronavirus
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Mumbai: For Shrikant Singh, 34, the economic slowdown accelerated by the coronavirus pandemic and the shrinking job market, have triggered a sense of déjà vu.

Back in 2008-09, when the US sub-prime mortgage crisis led to a worldwide recession, he was just graduating from college. Having ranked second in his class at IIT-Kharagpur and with experience of international internships, Singh thought he was destined for a great career from the start.

But campus offers of recruitment were rescinded, and Singh, like many of his peers, graduated without a job in hand. “Things were extremely rosy for me in college but the reality during graduation was devastating," says Singh, now a business head at Amazon India.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
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Deaths: 237 619
Recovered: 0
Detail statistic
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