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Tennessee unemployment headlines are deceiving (ignores over 160,000 trying to survive on $250 a week, over 140,000 who were employed this time last year)

9/22/2020

 
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The most recent Tennessee unemployment headlines shout 'UNEMPLOYMENT CLAIMS CONTINUE TO DECREASE'. 

Those same news articles, doing their best to paint a rosy picture, state "A new report shows there have been 10,771 new unemployment claims filed in the state of Tennessee last week...down from the previous week's 11,706."

If you continue to read the articles, however, usually in the last paragraph, they'll admit that over 160,000 Tennesseans are still receiving unemployment checks...compared to just 14,000 this same time last year.

That's well over 140,000 Tennessee residents, who had jobs this time last year...with no job today. Well over 100,000 families affected by either one or both paychecks eliminated due to this crisis.
 
Even further, when you realize that the average salaried worker in Tennessee makes $1,000 a week (statistics here) and compare that to the average Tennessee unemployment check of (now) about $250 per week....how can those 100,000 families, who were benefitting from a steady paycheck this time last year, expect to survive now?  

Smart families are planning their next steps, including debt resolution or bankruptcy choices.

If you already feel your financial situation is out of control...contact us for a FREE CONSULTATION for debt resolution and/or bankruptcy at (731) 423-1888. The law office of T. Verner Smith has helped thousands overcome financial problems, and can help you too. Call today!  

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