What more can we expect from this struggling economic situation? Job losses continue to increase since the beginning of the recession. Unemployment rates grow in many parts of the world especially in the USA since the recession begun. Unemployment isn't pleasant to think about, and is very unpleasant to endure. Some people wonder just where unemployment is the worst. Well, I can tell you which cities that unemployment is the highest in the U.S. El Centro, in southern California, has 25.1% unemployment. (To be fair, most work there is seasonal agriculture.) Merced, California, is just over 20%. Yuba City, also California, sits at 19.5%. The only non California city hit with high joblessness is Elkhart-Goshen, Indiana, with 18.8%of people living off credit cards during this recession. California's stats are inflated due to seasonal unemployment, as it revolves around farming. Still, that's a lot of people that can't get payday loans due to unemployment.
Entry: Revolving Confidence
posted by Kiera D
May 06, 2009 2:53AM
What more can we expect from this struggling economic situation? Job losses continue to increase since the beginning of the recession. Unemployment rates grow in many parts of the world especially in the USA since the recession begun. Unemployment isn't pleasant to think about, and is very unpleasant to endure. Some people wonder just where unemployment is the worst. Well, I can tell you which cities that unemployment is the highest in the U.S. El Centro, in southern California, has 25.1% unemployment. (To be fair, most work there is seasonal agriculture.) Merced, California, is just over 20%. Yuba City, also California, sits at 19.5%. The only non California city hit with high joblessness is Elkhart-Goshen, Indiana, with 18.8%of people living off credit cards during this recession. California's stats are inflated due to seasonal unemployment, as it revolves around farming. Still, that's a lot of people that can't get payday loans due to unemployment.
http://personalmoneystore.com/moneyblog/2009/04/30/cities-highest-unemployment-rate/