In the past 12 hours I got word of two more individuals I know who have entered bankruptcy. The saddest was the guy this morning at the gym. Hadn't seen him for a while, turns out he can't afford the gym membership as he has been unemployed for 11 months and is bk. It costs $3 to use the gym for the day. He said that coming to the gym today was his Christmas present.
He provided some interesting information. He has been applying for every job possible and working with an employment agency. The guy is probably 50 and has applied at fast food, retail, wherever there were job openings. No luck. The agency told him that for every one job they are asked to fill they have 4000 applicants. Obviously I can't confirm this but the ratio does not surprise me. They also provided some temporary workers for Walmart for the holidays. After 4 days Walmart let all of the temps go as there simply wasn't enough traffic in the stores to need the additional holiday help.
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