Car Title Loans in Ohio Provide Assistance for Jobless Students
Ohio (PRWEB) July 17, 2013 -- Mark Williams, noted business journalist, reported last month that the central Ohio unemployment rate had risen to 6 percent in May. This increase coincides with the end of the school year and the beginning of summer, which is the time when many students enter the labor force.
Despite the increase, the rate was still the lowest unemployment rate among Ohio’s metropolitan regions. According to Benjamin Johnson, a spokesman for the Ohio Department of Job and Family Services, in almost all of the counties where rates rose, there were a greater amount of people looking for employment and a greater amount of people finding jobs.
Although the presence of a larger labor force at this time of year is not surprising, the altered schedule of many of the state’s public universities may have contributed to a greater increase of workers. Several universities have recently switched from a quarter system to a more traditional semester system. This change resulted in more students looking for summer jobs in May instead of June.
According to Bill LaFayette, owner of economic-consulting firm Regionomics, the labor force grew by 8,800 people in May, with 4,150 of those finding a job. The region gained the most jobs in the business-services sector, followed by private education and health care.
LaFayette attributes the increase in the labor force to growing consumer confidence. A greater amount of workers is a sign of a recovering economy.
However, an increase in the amount of people looking for a job also coincides with an increase in competition. Students must possess the right mix of skills and experience in order to land a seasonal opportunity.
For Ohio students who are struggling because they are unemployed during the summer, Ohio Car Title Loans offers an alternative way to make ends meet. This special financing option is based upon the value of the borrower’s vehicle.
Car title loans are ideal for young people who are financially strapped. A streamlined application allows a borrower to receive his or her money in as little as 24 hours. These loans feature low interest rates and flexible repayment plans. Borrowers are able to maintain possession of their automobile during the entirety of the repayment period.
Ohio Car Title Loans encourages unemployed students to use a car title loan to cover costs during the summer months.
Kathryn Abrams, Car Title Loans, http://www.ohio-cartitleloans.com, 888.304.2120, [email protected]
Share this article