One of those devastating effects will no doubt be mass unemployment and the collapse of society as we know it. Haha, just kidding (I was unduly influenced by the last "30 Rock," when Tracy Jordan appeared on Larry King and helped bring down the Asian markets).

Efficiency and aggressiveness in one's search for a job during this recession are two tactics that I have no problem with, and which I would encourage the unemployed to adopt. However, a word of caution: don't spam your resume and a generic "cover letter" (delivered in email form) to EVERY EMPLOYEE of a software development company, from the customer relationship manager to the sales team, ESPECIALLY WHEN YOUR FACEBOOK PROFILE IS PUBLIC and the recipients of your unsolicited correspondence can see photos like the following (I obviously try to disguise the identity of the subject so as not to mock her, while still conveying the theme of the image and the importance maintaining some discretion in what you post to your Facebook profile, or at least how you manage public access to your FB content):

My name is XXXXXXX, and I am currently working as a marketing/advertising coordinator...Thank you in advance for taking the time to review my resume, and please feel free to contact at any time to schedule an interview."
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