Dealing with the Probabilities of Jobless Recovery
ShareDespite the economic recovery, unemployment rates may still continue to rise. Now at 9.5%, it is predicted to increase into double digits and remain that way until 2010. That is what jobless recovery means. The probability of this from happening is quite high as economists predict that finding jobs may be as difficult as ever. [...]
Getting over Depression when Newly Unemployed
ShareWith the increasing unemployment rates throughout the world, the number of unemployed people suffering from depression is consequently increasing. If you are recently unemployed, how can you get over depression? In the United States, unemployment rates rose to 9.5% in June 2009. Many people have lost jobs. It is rather unfortunate if you were one [...]
Claims for Unemployment Benefits
ShareWith the economic recession affecting the world, you hear news of layoffs and companies closing. Job loss and unemployment statistics are on the rise. But you are not beyond help since you can claim for unemployment benefits from the state. These funds can help you stay afloat for a time until you find yourself back [...]
Coping with Stress from Sudden Unemployment
ShareUnemployment is a recent and growing problem that is expected to reach the double digits in 2010. Global economies, which were predicted to contract, are already experiencing labor pains. More and more individuals and families are trying to cope with reduced salaries, lost jobs, and the changes that come with having less money to spend [...]
Paying Your Mortgage when You’re Unemployed
ShareThese hard times have certainly put a lot of people under dire financial status. As unemployment is on the rise, the rate of foreclosures and bankruptcies also go higher. Those who have spent many years paying for their homes suddenly find themselves losing their memories and shelters to foreclosure, as mortgages are not paid when [...]