In Switzerland, the worst event was not this one but 9/11 in 2001.

In a matter of a few hours all new IT/IS project were cancelled and budgets for IT/IS were frozen to below the minimum in all companies. It took almost a year to recover a little.

I started my career during the summer 2001. I was hired in seconds without any technical test.

All (no exception) my friends who wanted to chill during the summer before finding their first job... ended jobless for 1 full year.