US business schools have reported a big increase in the number of applicants to MBA programs. Apparently a lot of workers have decided to deal with the recession by returning to school and preparing for the day the economy turns around.
Of course, if you're a recent MBA graduate then this fallback plan isn't available anymore, as homeboy James Williamson of Durham, NC discovered. Driving a taxi in NYC is a tough way to earn a living until companies start hiring again.
As I've mentioned before, I'm in the part-time MBA program at NC State, with one year to go before graduation. Things will turn around before then, right?