Reasons being similar to what you point out here.

Unless the World is in a World War like situation, There will always be need for People who can deliver Quality Output over others and the World will move on.

http://twitter.com/rungss

You are right to a great extent. It is unfortunate that you may be adversely affected if you are in the wrong place at the wrong time. But tell me one thing – who chooses the place? I do not want to be too critical or personal. But if you see what has happened in last few years – people have chosen jobs which simply more without thinking about the 'return' and 'progress' they are making for themselves. You might have been an exception, but most people have chosen their own destinies.

And even if they are in the wrong place, things will not go 'absolutely' wrong with them There is no ultimate bliss or ultimate doom.

And about downturn. I think it does not differentiates best from average. It differentiates average who has worked hard and invested in himself from the ones who have spent more time enjoying the 'sun' and did not invested in themselves when they had the opportunity to do so.

Abhishek

ex: my prev company started layoff…i survived it…but too skeptic as whether the company will survive year end…so searched job, got one…joined here…there are rumours of layoff here…although i was smart enough to get a job in this recession without a pay cut or hike, if there is a layoff here and if they follow "last in first out", then all my best skills also doesn't have an impact…

maybe, it'll help in getting another job or maybe i am just thinking too much