Following an accident, you have the right to seek full compensation for your injuries and related damages. However, this can be a difficult process. It takes place while you are likely still going through the process of recovery from a serious injury. The other side can try to minimize your suffering, which can be very discouraging. 

It may be tempting to agree to a lower settlement than you deserve just to put a stop to a seemingly endless process. However, that could put your future in serious jeopardy. Recovering full compensation after a personal injury is more important than ever. 

1. Unemployment is high 

As of June 2020, the unemployment rate in the United States was 11.1%. While this is lower than it was two months earlier, it is over three times higher than what it was last year. This means that once you feel you have adequately recovered from your injury to seek new employment, you can expect to compete with more people for fewer jobs. 

2. The economic future is uncertain 

In January, the Congressional Budget Office predicted an average unemployment rate of 4.2% over the next decade. As of June, the CBO revised its estimate. The projected 10-year average U.S. unemployment rate is now 6.1%. In other words, the CBO does not expect full economic recovery for at least a decade, maybe longer. 

3. Finding employment after an accident is challenging 

Your accident may leave you permanently disabled. Even with a relatively minor disability, finding work can be a challenge. You may encounter barriers such as lack of appropriate transportation, inaccessible equipment or workspaces or employers’ misconceptions about disabled workers. Even in 2014, a time of relative prosperity in the United States, only 34% of disabled working-age Americans had jobs. 

4. Adequately supporting yourself may be impossible 

By law, employers cannot discriminate against you on the basis of your disability when making hiring decisions and must make reasonable accommodations for you. However, even with an understanding and compliant employer, your disability may prevent you from working the necessary hours to adequately support yourself.