San Diego, CA (PRWEB) May 20, 2013
The U.S. Department of Labor reveals that unemployment benefits claims increased so sharply last week that they rivaled March’s numbers. First time claims rose by 32,000 and ended up reaching 360,000, the highest number since March. This comes the week after claims hit a five-year low.
Claims surpassed expert estimates of 330,000, and with job creation having decreased in April and March, the situation is dire.
San Diego residents are no strangers to this reality: of the 70,000 jobs that were lost in 2009, only 30,000 have been gained back. Many of these positions are temporary, but economists hope that as the economy continues to improve they will become permanent.
For San Diego residents who are struggling to make ends meet, there is an alternative solution: an auto equity loan. San Diego Car Title Loans provides access to instant cash loans that use the title of the borrower’s vehicle as collateral. These loans feature low interest rates and flexible repayment options, and do not require a credit check. This makes them appealing to young adults who have not yet built up a credit score.
Those who need a financial boost to avoid being late on bills or to help make ends meet are encouraged to fill out the new application on San Diego Car Title Loans’ website to begin the process. Customer service representatives are available 24/7 to assist with the process and help borrowers get the money they need.