Recession

Hello Folks! I'm a newbie on this platform, yet trying to put my insights as much as possible. Here to ask people out there who work in IT sector about how is the market going so far and when will this recession get down? To the on-campus and off-campus placed students, how did you manage to get placed even during the recession. Although the placements at our college is still on but only for Non-IT branches. I think the only people who are happy about the recession would be Non-IT people who have less competition and are getting placed at the core companies.