VOICED: Facing Foreclosure, Paula Stein Struggels to Find Work

Paula, an office manager, lost her job due to budget cuts and has been struggling to find new employment during an economic downturn. Despite her efforts, she faces challenges in securing interviews. The US job market is in crisis, with high unemployment rates. Paula's financial situation is dire as her unemployment benefits have expired, forcing her to use her retirement savings, which are insufficient to cover her mortgage, putting her at risk of foreclosure.

What was Paula's job before she lost it?

• Office manager

• Sales representative

• Teacher

• Engineer

What was the main reason for Paula losing her job?

• Budget cuts

• Company relocation

• Retirement

• Personal reasons

How many jobs were lost in the US in February according to the transcript?

• 500,000

• 600,000

• 700,000

• 800,000

What is the expected unemployment rate mentioned in the transcript?

• 7%

• 5%

• 8%

• 6%

What financial challenge is Paula facing after her unemployment benefits expired?

• Buying a new car

• Paying the mortgage

• Covering her medical expenses

• Paying for her children's education