I must admit as an Australian student I am not really too drastically affected by the recession-I'm just as poor as I was before, with my gov't allowance. but also I have also been really employable, having worked since I was 14, and worked hard, so I have always been offered working positions and wouldnt be too disadvantaged trying to get a job, especially in retail. HOWEVER my dad is a truck driver, and the recession is hitting truckies pretty bad as there is less work-also a by-product of the increase in fuel costs.