Hidden Costs Of Unemployment Effects Unsuspecting Citizens

Posted by Christopher Shumate | Dec 17, 2012 | 0 Comments

As everyone is aware, the nation is experiencing an economic decline. Accordingly, the unemployment rate continues to rise. Many states have begun issuing unemployment benefits through the use of debit cards.

Proponents of this approach argue that this system benefits unemployed workers who don't have a bank account and often pay excessive fees to cash their checks with check cashing services. However, many citizens have encountered a variety of services charges associated with the debit cards, which is leading to increased criticism of this approach, particularly given that these states do not offer an option of how to receive the unemployment benefits. Critics of the system also point out that the banks issuing the debit cards are generating revenue from the service charges from the unemployment benefits.

It appears there are arguments for and against the new approach to providing unemployment benefits. However, the loss of any additional benefits for an unemployed worker could obviously prove quite costly and frustrating.

Denton Record Chronicle Article

About the Author

Christopher Shumate

Mr. Chris Shumate is a native of Gastonia, North Carolina, and worked various jobs while pursuing his undergraduate and Juris Doctor education, including several heavy manual labor and skilled trade positions. In his practice, Mr. Shumate often encounters circumstances where these prior experiences are helpful in representing you. Upon graduating law school from the University of South Carolina, Mr. Shumate joined one of the Carolinas' larger defense firms, where he represented a diverse set of employers and insurance companies in civil cases and workers' compensation claims across the Carolinas. Chris utilized this experience to obtain a working knowledge of the insurance industry, and build personal contacts used today in representing you. Mr. Shumate ultimately decided he wanted to focus his law practice on assisting those who have been injured, and doing so with the focus on a personal relationship that is uncommon in the bigger firms. Mr. Shumate's also has a passion for assisting those facing the challenges of the criminal legal system. By representing individuals in a variety of criminal and traffic matters, Mr. Shumate works to achieve the best possible result for each client regardless of the charges levied by the prosecution. Chris has tirelessly pursued his mission of helping people from all walks of life throughout the Carolinas with a variety of legal matters. If you are interested in learning more about Chris Shumate and The Shumate Law Offices, please contact us at 704.371.5059. We look forward to assisting you to achieve a positive result in your legal concern. Education J.D., University of South Carolina B.S., University of South Carolina Jurisdictions Admitted to Practice N.C. State BarS.C. State BarU.S. District Court Western District of North Carolina Professional & Bar Association Memberships N.C. Bar Association S.C. Bar Association Mecklenburg County Bar N.C. Academy Of Trial Lawyers American Association For Justice


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