Favorable Forecast For Unemployment Status For 2011 Might Affect Bankruptcy Cases

By admin • December 15th, 2010

The economic recession that hit Orange County, as the rest of the nation, causing many residents and companies to seek bankruptcy protection is starting to fade even more, according to the recent news released by Chapman University’s 2011 economic forecast. This report is forecasting the creation of 23,000 new jobs, which is an improvement over the 10,800 jobs the country is expected to lose in 2010. However this is not the big news everyone is waiting for, since the economy is in the need of 30,000 to 40,000 new jobs to actually notice a real lift in the economy.

 

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