On the bus to the Headingley Campus today, the headline of the Metro read ‘A job will be lost every 25 seconds in recession’. With my education mounting up a large amount of debt in the form of student loans and the only real opportunity to earn enough money to put towards accommodation fees, I can’t help but worry about the future.
As more and more companies begin to get hit hard by the recession, how many more jobs will be lost? And where will the cuts be made? Will it be in PR?
For an organization, making cuts in the PR department may prove unwise in the long run. Yes there will initially be money saved in wages and resources, but without any means to get effective coverage for the product or service that the company offers then sales will take a turn or the worse, especially in today competitive market.
However, this doesn’t stop those student who have put everything on the line from fearing the future: Will there be a job at the end of this degree?