According to the Bureau of Labor Statistics (BLS), the rate for non-farm unemployment has remained steady for the past quarter holding between 9.0 and 9.2 percent. What the figures fail to reveal are the total number of Americans without a job.
The BLS counts those who are currently unemployed as those persons who do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work. That definition means those that have currently given up on looking for employment and not on the current unemployment roles are not counted in the total number of Americans considered unemployed.
So, where are all of those people unemployed but not counted as unemployed? It is estimated that 1.5 million people will be homeless in the next few years within the United States. The foreclosure crisis, economy, and job market are what many feel has been contributing to the rise. Also, there are countless numbers of other US citizens now living with their families who have long dropped out of seeking the hope for employment. So, this year, a job is reason for Americans to be thankful this Thanksgiving.
Another reason to be thankful is that we still live in one of the greatest countries in the world, despite all our current financial problems. The United States has the best economy in the world, you are free to travel anywhere in the United States, roads are good, the health care system is one of the best in the world, the basic necessities in life are affordable, we enjoy the right to be free thinkers, United States technology is second to none, you get good a education in America from kindergarten to college, you are free to change careers and learn a new skill, we have some of the lowest taxes in the world, you have the freedom of speech, our justice system is second to none, there are a diversity of people to interact with, we enjoy freedom of religion, we have some of the most beautiful landscaping God ever created, and we are protected by the Bill of Rights as guaranteed in the Constitution of the United States.
Although the list to be thankful for living here in the United States could continue on, there is one last thing that we at these bankruptcy sites feel as Americans we should all be thankful, and that is the fact America is no longer a place that practices debtors prisons. It is your Constitutional right to file for bankruptcy protection if the need arises. Filing for bankruptcy is a legal proceeding designed to allow the honest person or business to work their way out of a bad financial situation, or in some cases, to start afresh.
If you have recently experienced a sudden loss of income through losing your job, and you feel there is nothing at this time you can be thankful, try to remember to be thankful for the country in which you live and the possibility for being able to start over. Contact us today, and we will help you find a bankruptcy attorney in your area to help you make the start.
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