US Cities With The Highest Unemployment Rates
The Unemployment Insurance System is facing its toughest battle with bankruptcy ever recorded, and many states have already lost their individual wars. Take a look at the information, and learn how your state compares to the ten worst cities in the US.
Extended unemployment problems can easily spread. The need for unemployment benefits may place a strain on state and local governments, while the lack of income may force people to file bankruptcy.
At the same time, filing bankruptcy may become easier and more common as the means test adjusts itself to reflect the falling incomes. Based on a state's median income, with so many people out of work the median may drop, making it easier for many people to file Chapter 7 bankruptcy.
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