All the politicians, all the radio talk show hosts, all the newspaper reporters, magazine writers, bloggers and television news anchors – they’re all talking about jobs and so am I, along with the Columbus bankruptcy lawyers who work in the Mark Zuckerberg bankruptcy law offices there. There is commentary about the jobless claims rate, the unemployment
statistics, the job stimulus programs, the expansions, the closings, the hiring, and the layoffs.
Everyone “gets the picture” by now, and everyone knows that times aren’t really going to be good again until the jobs are. Thankfully, at least according to an RTT News report, there are some glimmers of hope on the horizon - first time jobless claims have begun to “fall more than expected.”
As a debt consolidation lawyer and bankruptcy attorney in Indiana, I know the term “jobless claims” refers to the number of people filing for unemployment benefits for the first time. Wall Street commentators had expected January claims to drop by 15,000 nationally; instead, there were 43,000 fewer claims, with the month’s total being 440,000 nationwide. This is the lowest level we’ve seen in a year and a half, so that’s good, although we have a long way to go. Knowing only too well that, even with the Indiana bankruptcy help I provide, without a supply of good jobs, my clients cannot keep up with their debt repayment plans according to Chapter 13 bankruptcy law in Indiana, I do my best to stay on top of every bit of news having to do with jobs in our state.
- RV maker Jayco is expanding in Middlesbury, creating 75 new jobs.
- WNDU-TV in South Bend expects to hire 50 new workers.
- Living Essentials in Wabash is expanding its energy drink company, creating up to 36 new jobs.
I wish all the news were positive, but I did hear a big negative item out of Ft. Wayne: The Fort Wayne Foundry Corporation is closing its plant in Columbia City, leaving 114 people out of work. Still, the net numbers are turning in a positive direction. According to WSCI Radio in Columbus, "Indiana is bucking the national trend with three straight months of declining unemployment.”
Meanwhile, I and my colleagues keep on working, offering payday loan debt help, negotiating with lenders to help stop foreclosure, offering relief to the thousands and thousands of people drowning in financial problems that began with job loss.
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