How Will You Cope With A Loss Of Your Job and Income?
Sign of The Times
Let’s face it - we are in perilous economic times.
The prognisis of continued employment for many Americans is looking very unsteady, and is not going to be improving within the next few years. The department of Labor showed last year that 90% of American employees will face a layoff of some sort during their working lifetime. Unfortunately, for many of us, this trend is beginning to happen much faster.
Actually, the trend is rapidly getting a little scary,
with more and more major corporations falling prey to current conditions. Consider General Motors, Ford and Chrysler, not to mention Bear Stearns and Lehman Brothers and other major institutions. Citibank, one of the largest of the global banks, portrays a sorry state of affairs in the financial arena:
The biggest hurdle is searching for a new job, while keeping your cash flow at a healthy level.
When you are going through the process of interviewing, following up, and communicating with potential employers, you need to realize that this is best achieved on a full-time basis. To properly handle this phase of your effort, you must be very efficient and organized.
The Facts, Just The Facts
Where Do You Fit In With All The Current State of Affairs?
The following statistics are rather sobering:
- The average weekly State Unemployment check is only $299, while the average family’s weekly expenses may be 2 to 3 times that high.*
- Average Length of Unemployment is 16.5 Weeks**
- The average person is unemployed 2.3 times in their working career**
- 38% of Loan Delinquencies & Home Foreclosures are caused by Unemployment**
- The chance of unemployment during one’s working career is 90%**
- Nationally, Thus far in 2008, total employment in the US has declined by 605,000***
- An average of more than 76,000 per month who have been laid off***
- There are 3.4 Million Job Openings as of August 30, 2008***
- The Unemployment Rate Went from 5.7% to 6.1% from July 2008 to August 2008
*Labor Department’s Employment and Training Administration
**Fannie Mae study-2007
***US Bureau of Labor Statistics, Sept 2008
NOW - The Solution Is Here!
You can now purchase an individual unemployment plan
that will pay you up to $1,500 per month for up to 4 months, should you become involuntarily unemployed. You will now have more time to spend looking for your new job, without having to worry so much about your cash flow. You can spend the money any way you need it - house payment, car payment, bills, groceries - whatever you need it for.
This program is a must for any employee in today's economic environment.
Whether it’s a layoff, merger, corporate downsizing or company failure, an employee cannot afford to pass up the chance to take advantage of this opportunity. It will make perfect sense for you to investigate the plan and find out for yourself if it fits your situation.
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