Job Loss
Planning Ahead for Job Loss
Job Loss
As past job loss statistics show, the effects of a tightening job market are felt throughout all industries and job sectors. This was the case during the recession that began in the United States in December of 2007, continuing today. In 2010, unemployment has ranged from 9.7 to 10%, nationwide, even though the economy is, allegedly, moving toward recovery.
Even more discouraging is the number of people who have been out of work for 27 weeks or more. The Wall Street Journal reports that 7 million Americans have been looking for work for 27 weeks or more, and the majority of them -- 4.7 million -- have been out of work for a year or more. (See "Chronic joblessness cuts deep.") In California, the number out of work more than 27 weeks is almost 900,000, more than the population of San Francisco! (Mary Engel, MSN Money)
Worse is the fact that most employees simply do not know when they will be unemployed. Companies, today, typically give little or no advance layoff notice. Your family should start today to implement its disaster recovery program.
Given the unpleasant labor statistics above, we recommend that storing enough nonperishable food to feed your family for a period of eight (8) to twelve (12) months is a prudent job loss/ disaster preparedness strategy.
Start today to purchase quality food storage items from our website. A, budget friendly, weekly plan of building your disaster recovery food inventory can support your family during extended job loss.