Getting a job in today's economy can be a challenge - especially if you have to relocate
Online, April 22, 2010 (Newswire.com) - You have been out of work and actively looking for a job for a while now - and it finally happened. One of the hundreds resumes that you sent out garnered an interview, and you have received a job offer! Congratulations!
Now for the catch.
For many job seekers, finding a new position or career often means relocation. If you have been unemployed, chances are you do not have a large amount of disposable cash to spend on expenses - before you have even received your first paycheck! Unfortunately, many companies have scaled back programs that reimbursed new hires for such expenses, forcing applicants to finance their own expenses by using savings or obtaining unsecured personal loans in order to cover the necessary costs of starting to earn an income.
According to a report released by the Department of Labor - the U.S. economy has begun to rebound from the doldrums of the past two years, more jobs were added in March than in any other single month in the past three years. Additionally, the previous report on jobs growth for February was revised upward - adding an additional 62,000 jobs not previously accounted for. This is the third such increase in jobs over the past five months, and indicates to economists and policy analysts that the labor market has begun to make headway against the stubborn unemployment rate - which still remains high at an average of 9.7% nationwide.
President Obama, speaking in Charlotte, N.C., said that the jobs report was a sign that the economic stimulus legislation passed a year ago is helping the economy rebound from recession, although he acknowledged that the 8 million jobs that were lost over the past two years cannot be recovered overnight, he remained optimistic that, despite the damage done to the labor market during the recession, the economy is poised to recover and continue adding the jobs people need.
Recession-weary workers hope that he is right. While unsecured personal loans may be a useful short-term fix to help applicants survive the job-hunt and emerge with new positions, ultimately the unemployed are dependent on an economy that has clearly underperformed over the past two years.
Find out if you pre-qualify for an unsecured personal loan of $10,000 to $250,000. Click here to learn more.
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Tags: economy, financing, personal loan, unsecured personal loans