Towson, MD (Vocus) 8 October 2010

This morning the Labor Department that unemployment remained in the United States with 9.6 percent in September, resulting in a continued drop-out recovery. The unemployment rate from 9.5 to 9.7 percent since April. And remained at or above 9.5 percent for 14 months, the longest period in more than 70 years.

long-term unemployment has implications far deeper than the short-term unemployment to a character? s finances, emotional well-being and prospects of career, a new survey by the Pew Research Center that the attitudes and experiences of workers who lost their jobs researched in recession. These factors are also the effects of the consumer? S ability to pay.


Persalts

& Associates, a national law firm based in Towson, Maryland is working on the front helps consumers with credit card companies to restructure unsecured debt payments. Persalts & Associates, LLC represents the more than 50,000 customers with a workforce of more than 25 per salts in the central unit to accept 200 lawyers in the field to customers in 47 states.

â? We hear stories every day on the consumer debt has a devastating impact on the family, â? Persalts said Operations Manager Joe Cosentini. â? Unemployment figures mean that more people have more difficulty paying their unsecured debts. We work with consumers and credit card companies to find solutions to consumers with financial difficulties.â ????

Persalts

& Associates and its predecessors have worked with our clients to restructure unsecured debt payments over 10 years new. Bridges law firm in the “gap” that may exist between consumers and lenders. La firma? S ability to provide legal counsel to negotiate and make payments by the consumer may be critical for employees to get out of debt.

the Pew Research Center? Understanding of the impact of unemployment

family finances: say, the majority of long-term unemployed (56%), their family income fell during the recession, against 42% who were out of work less than three months and 26% of adults who don ‘have not been unemployed since the beginning of the recession in December 2007. Overall, the long-term unemployed are also more likely to say they are worse off financially now than before the recession.


Impact on relations

: Almost half (46%) of these six months or more unemployed say unemployment is tense family relationships, compared with 39% of those who are unemployed for less than three months. At the same time, about four out of ten (43%) long-term unemployed say they have lost contact with close friends.

loss of self-respect: Almost four in ten (38%) reported long-term unemployed, they have lost self-respect at work, against 29% who were unemployed for a short period of time. The long-term unemployed are also more likely to say, they sought professional help for depression or other emotional problems while unemployed (24% vs. 10% for the unemployed less than three months).

impact on the career goals: More than four in ten respondents (43%) of long-term unemployed people say that the recession will have a major impact on their ability to pursue their professional goals in the long run

achieve.

Once the amount has decreased the total revolving debt this year, the number still owed thousands of billions and the U.S. Census Bureau expects that approximately 181 million Americans have credit card debt in 2010. This figure is up from 163 million Americans in 2008.

â? While credit card debt amount is decreasing, in total there are still people and families who have a job or new job loss is lost, the impact on their ability to pay, â? ? Cosentini said. â? We are for families and individuals who can influence one job loss, health problems or other factors that> ????

About

persalts & Associates

Persalts

& Associates, LLC, and his company are pioneers in the field of the offer “unbundled” legal services to people who can not afford traditional legal services. increased, as the U.S. credit card debt on persalts & Associates to fill the “gap” between consumers and their debtors. Today persalts & Associates represents the more than 50,000 customers with a workforce of more than 200 lawyers in the areas of customers in 47 states and 25 prosecutors in the central office staff to take over. For more information, please visit www.perselsandassociates.com.


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