Factory job cuts are at their highest level since the 2009 financial crisis, according to an S&P Global report, excluding the 2020 figures at the start of COVID.

With a shaky job market, unemployment at 4.3 percent and rising consumer prices, a structured settlement that lasts a lifetime can provide a much-needed steady income stream.

Manufacturers are cutting jobs to reduce headcount amid concerns about product demand. If clients can return to work after an injury, their jobs may not be there for them.

Structured Settlements Offer Financial Security. During an uncertain job environment, structured settlements continue to offer consistent, secure and safe returns for injured clients.

Clients receive pre-determined payouts from the settlement annuity regardless of economic uncertainties. An inflation component can be added so that payments rise with inflation.

During a time of job cuts and talk of AI impacting workforce numbers, structured settlements offer the security individuals need to maintain stability in their lives after an injury.

Please feel free to contact us to discuss your clients’ settlement options.

Nick Schuetze & Patrick Farber

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