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Unemployment falls to lowest rate in three years Atlanta, GA

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Unemployment falls to lowest rate in three years

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Sometimes, it seems like we only write posts for our bankruptcy blog when there is bad news to share. Well, that is not the case today. After the release of a new employment report, it seems that the job market may, finally, be turning itself around.

According to that report, there were about 243,000 new jobs added in Georgia and throughout the United States in January. This increase brought the unemployment rate down to 8.3 percent, which is the lowest it has been since February of 2009. With the jobs added, the number of unemployed Americans dropped to 12.8 million, which is also a three-year low.

The job report also contained an upward revision of employment numbers for November and December, stating that there were 60,000 more jobs added than had originally been reported.

What makes this report the most encouraging is the fact that there were job gains in a variety of different fields, including manufacturing, leisure and hospitality, and professional and business services. In sum, there were 257,000 jobs created in the private sector.

In addition, the government’s recent productivity report indicated a slowdown in productivity growth. This could signal an impending increase in hiring, analysts say.

However, there is still some bad news. The number of people who are under-employed, meaning people who are working part-time because they can’t get a full-time job, is holding steady above 15 percent. And nearly half of the 12.8 million who are unemployed have been without a job for 27 weeks or more.

There were also 14,000 government jobs eliminated in January. In the last year, there have been more than 275,000 people have been laid off from government positions.

Source: CBS News, “January jobs: Finally, a great report,” Jill Schlesinger, Feb. 3, 2012

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Jack L.

They did an excellent job with my case. Jamie took the time to really listen and understand things. She delved into the details and was extremely knowledgeable and non judgmental. Very professional and they know what they are doing. Would definitely recommend!

All C.

Mr. Gingold was recommended by an attorney I had worked with previously. I met with Ira Gingold to discuss credit issues. He went over each specific issue thoroughly. He advised me of the potential outcomes. He did all this in one meeting for a very reasonable price. When we finished I was confident in moving forward with a resolution. He definitely wants to help people take the appropriate course of action for their circumstance.

Karen B.

Dear Mr Gingold, There are so many reasons to be thankful for all you have done and will do. Anyone who has ever had unfavorable experiences with an attorney or the legal system will feel the trepidation that I experienced once I realized that my situation seemed hopeless. It was by chance and happily good luck that I decided to put my future and sanity into your hands. I was mortified at having to deal with my debts by claiming bankruptcy. I remember in our first meeting how you assured me that I was not alone and should not feel ashamed. And, anyone in this position obviously does not have money to spare and you were clear about all the costs and allowing me to pay according to my own ability to do so. You advised me in all aspects of the law, but also, you were at each meeting incredibly supportive and complementary of my personal and professional plans. Anyone else in this situation should feel blessed to have access to your expertise and support.

Lyla B.

I thought the process of filing bankruptcy was going to be a difficult one. However, Gingold & Gingold treated me with respect and dignity from the moment I walked through their door. I had the pleasure of working with Jamie. She is very responsive, professional, and knowledgeable. She took the time and listened to my every concern and handled each and every one of them to my satisfaction. My experience with filing bankruptcy under Gingold & Gingold's representation exceeded my expectations in a major way. They gave me such a peace of mind. I am very pleased with my decision of going with Gingold & Gingold to represent me when I filed Chapter 13 bankruptcy.

Julie T.

Wow! I am finally out of debt and can say that I am debt free after completing my chapter 7 bankruptcy case with Gingold and Gingold. Mr dangled was very knowledgeable and direct with regard to my debt situation. there were no surprises and the case went as I was advised. The staff was also very helpful whenever I had a question. I will definitely recommend them in the future to my friends.

Sherard W.

I cannot say enough about this law firm. From the initial consultation to our discharge, the entire office kept me updated with every step of the entire process. I came to the Gingold after a bad experience with another law firm. Ira and Jamie immediately began treating me like family through this experience. In the end, they assisted with eliminating many debts including my 2nd mortgage. I cannot say enough about the experience and knowledge that Ira brought to the table from the office visits to the court time. Thank you very much for helping me through this tough time. Thank you.

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