In Japan, tens of thousands of workers have lost their jobs as the global market for cars and electronics has stalled.
In the country, where some companies also provide housing, losing your job can also mean losing your home.
Thousands are now living in shelters and even on the streets.
"I was sleeping in this park for a week," said. Hideki Matsuhashi. "I never imagined my life would be this hard."
Another 120,000 workers in the country are expected to lose their job this month.
Trouble Down Under
In Australia, the economy has shrunk for the first time since 2001.
Pacific Brands, the country's leading clothing maker, is shutting down factories nationwide and sending jobs to China.
This means thousands of people with no training in other industries and few job prospects will be looking for work.
"To retrain those people, it's not going to be easy and what do you train them for? There is nothing left," explained Pacific Bonds employee Peter Basto.
Animals Hurting Too
Not only people, but animals in Kenya's Masai reserve will feel the effects of the bad economy.
The wild animals attract tourists from across the globe, but this year fewer people are making the trip.
Rangers who guide the tours and protect the animals face an uncertain future, and so do the animals.
"Once we are not there, poachers will come in and kill these animals." ranger Stanley Mashuko said.
Spending Worthless Money
Hungary is said to be on the verge of bankruptcy.
The currency in the country is nearly worthless and Hungarians who took out loans to buy their homes and start businesses can't pay them back.
Istvan, a construction worker, worked for months without a paycheck when his company stopped paying wages.
Now his family faces eviction from their home.