Apropos Quote: The most formidable weapon against errors of every kind is reason. - Thomas Paine

NoJobSurvivor has been presenting articles on the effects of stress and joblessness for almost two years now, so certainly this headline is no surprise. But now there's a new report from Alameda County California which finds that "foreclosures have not only economic consequences, but create health problems for the people and families involved - and those effects can ripple throughout a community."

The report includes a survey of approximately 400 residents of Oakland, CA who have been hit hard by the foreclosure crisis. According to the SFGate: "the Alameda County Public Health Department and Causa Justa/Just Cause, a housing rights group, teamed up to look at how people undergoing foreclosure experience higher levels of stress and increased medical problems. Tenants living in buildings in foreclosure have similar problems."

"This kind of financial distress leads to intense levels of stress, which, in turn, makes it not at all surprising to find people who are suffering emotional and, in some cases, physical consequences," said Paul Leonard, director of the California office of the Center for Responsible Lending, a consumer advocacy group.
Most people don't think about renters when foreclosures happen, but roughly 37 percent of the foreclosed units were occupied by renters in 2009, and that equals about 200,000 residents who were displaced.

"When people think of the foreclosure crisis, they tend to think of the homeowners," said Gabe Treves, program coordinator with the group. He added that foreclosures cause tenants stress and often force them to live in substandard conditions.

"Tenants are absolutely the innocent victims of the foreclosure crisis," he said.

Some of the findings:

-- Residents going through foreclosure or those who had recently lost their homes were twice as likely as others to say their mental and physical health had become worse over the past two years.

-- More than 3 in 10 foreclosed residents reported forgoing medical care due to money concerns.

-- 31 percent of tenants in foreclosed buildings said they were living with mold, rodents, cockroaches or other unhealthy conditions.

Read SFGate article and/or full report from Alameda County

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News and Comment - No Job News

Minimum Wage

Workers in BMW's auto plants in Germany make twice as much as US workers in BMW plants who make $15 an hour. Oh and by the way German workers get 35 days of vacation AND decent healthcare.

The tea party want to abolish the minimum wage. Did YOU VOTE?

Survivor Graph of the Day

  • Unemployment Rate by State
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U.S. Jobless Rate

BLS Jobless Numbers

  • 12.8 million - unemployed,
  • 15.1%(U6) - out of work,
  • 5.5 million (43%) 6 months or longer,
  • 7.7 million "involuntary" partime workers,
  • Over 4 million for a year, (WSJ)
  • 2.0  million over 99 weeks, the 99ers!
  • 4.7 jobless for every job. EPI
  • 91,000 unemployed become 99ers every week.
~ U.S. January 2012 -Bureau Labor Statistics
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