7.6% Unemployment Rate- 11.6 Million Looking For Jobs- How To Be Prepared If Your Next
Posted: Sunday, February 08, 2009
by Gregory Akerman
Silver Discount Properties, LLC
The United States is experiencing a horrible recession. Let's see. There is the mortgage meltdown. Oh, and the financial sector's record losses. Banks folding into one another. Automotive companies about to go bankrupt. That's just from the top of my head. A host of other blunders, mistakes, and the continuing downward spiral of the stock market; No wonder the unemployment rate, as of January, is 7.6%. There are 11.6 million people looking for jobs. America is undergoing a crisis of proportions many of us have never seen or experienced, and it may even get worse before it gets better. I'm happy to say that I have a job currently; But people in Payroll jobs were saying the same thing until January, 598,000 Payroll jobs were cut.
If you didn't save money, there are other ways to be prepared. The best piece of advice I could tell you is that you should start looking for a job now. Even if your still employed, if it's in one of the industries that is not doing well, and the news says things like "they are bracing for a rough 2009" or something or that nature, that means it's possible you'll be facing a lay out. Start looking around. Put your name out there.
Just make sure your current boss can't google it.
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Top-level comments on this article: (4 total)thank you for the article; when i was talking on the issue with my case manager, he said the money will be soon in; i was less optimistic: i evaluated the money coming in 2-3 months, but the people make all they can to make you happy, to falicitate the burden- let's hope we overcome this present situation, too.Ivan Petryshyn
Gregory obviously is passionate about the subject but the first thing I read when I joined this site is that it is a writer's site. Hmmm.....An anonymous person made the same comment on a different article I wrote, also anonymous.What do you mean by "...but it's a writer's website."???
hi gregory,it's a shame all that is happening, but in my own life, when problems arise, it is because i didn't research enough, or any of a number of reasons, but i learn from it. the only hope i have is that we learn from all of this, and don't repeat it.thanks for sharing,best regards,sue thomWhile I agree with you, there is a small minority of people that caused this recession to be as bad as it is. Those people are rich now and the majority of people are suffering, and most of those people are not penalized in any way.
Gregory,This is a good article with some valuable advice. Unfortunately, many (probably most) have not been saving and will experience some rough times ahead. The only good thing to come out of this could be that people might begin to concern themselves less with materialism and more that those things that make life worth living.Thank you,Nancy
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