The contraction in GDP has occurred since the 2nd quarter of 2008 and there is no end in sight. unemployment and underemployment has increased.
Where can you get employment data?

DBS retrenched 450 employees in Singapore, Citigroup will cut about 300 jobs, and Neptune Orient Lines will cut 1,000 jobs mainly in the USA with some cuts expected here.

What are the current difficulties for business schools?  Will they prosper?  How will the poor economic conditions affect job prospects for students that will graduate next year or in [...]

Now that job fairs and briefings on resume writing and interviewing skills are taking place, it might be useful to ask the above.