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 jobs 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 (Bio)
& Patrick Farber (Bio)
Frequently Asked | About Job Cuts & Structured Settlements
Rising job cuts increase the risk that an injured worker’s position won’t exist if or when they are able to return to work. Choosing a structured settlement over a lump sum mitigates this risk by replacing volatile job income with a guaranteed, long-term income stream that is entirely insulated from manufacturing layoffs, AI workforce reductions, and broader economic downturns.
Yes, a structured settlement can be designed with a cost-of-living adjustment (COLA) or inflation rider. This component automatically increases the pre-determined annuity payouts by a set percentage each year, ensuring your client’s purchasing power keeps pace with rising consumer prices and inflation over their lifetime.
Your structured settlement payouts remain entirely unaffected by manufacturing recessions or stock market volatility. Because the payouts are funded by highly secure insurance annuities with fixed, pre-determined payment schedules, the income stream is legally guaranteed to continue exactly as scheduled, regardless of fluctuating unemployment rates or market conditions.
A guaranteed income stream is critical right now because the 2026 job market is facing the highest level of factory layoffs since 2009, compounded by a 4.3 percent unemployment rate. For an injured worker who faces a lengthy recovery, this guaranteed stream eliminates the stress of entering a shrinking job market.
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