This week's giveaway is in the EJB and other Java EE Technologies forum. We're giving away four copies of EJB 3 in Action and have Debu Panda, Reza Rahman, Ryan Cuprak, and Michael Remijan on-line! See this thread for details.
The best way to answer your question is news media (not guaranteed to be true though). If somebody tries to answer then it would geographically dependent and includes her own view.Recession isn't driven by single person. The best thing is to keep looking for job (if don't have one) without caring of recession.
And the best place would be Job Discussion Forum to get proper/relevant answers. You see the other answers.