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Unemployment rate falls as more Georgians go back to work Atlanta, GA

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Unemployment rate falls as more Georgians go back to work

bisinessman analyzing data

According to a new report from the federal Department of Labor, the U.S. unemployment rate fell last month to a nearly four-year low, with nearly all industries reporting significant job gains. Specifically, the jobless rate dropped to 7.8 percent in September, the lowest number since January 2009.

In previous months, economists warned that what appeared to be similarly-optimistic job reports were deceptive because they did not reflect the large number of people who had stopped looking for a job after some period of unemployment. That does not appear to be the case in the September report. Last month, the employment-to-population ratio, or the percentage of the working-age population that was employed, rose to its highest number since May 2010.

Further, previous concerns about people settling for low-paying, part-time work instead of finding full-time, high-paying jobs, also seem to have diminished in the most recent report. Last month, the length of the average work week increased slightly, and average hourly earnings rose by 7 cents.

The September job gains came in battered industries such as construction, which added 5,000 jobs, and government, which reported an increase of 10,000 jobs. Other industries that saw increases were transportation and warehousing, financial services, education and health. However, the number of manufacturing jobs fell by 16,000, marking a second straight month of decreases.

The news was not all good, however: the number of temporary help jobs fell by 2,000. Because these jobs are viewed as a sort of predictor of future permanent hiring, some economists are troubled by the decline.

Source: Reuters, “U.S. jobless rate tumbles to near four-year low,” Lucia Mutikani, Oct. 5, 2012

If you are struggling with long-term unemployment and mounting debt, a personal bankruptcy filing may be the solution for you. To learn more about that process, please visit our bankruptcy page.

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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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