With a population of more than 500,000 residents, Sacramento is the seventh largest city in the state of California. Sacramento has produced many qualified Sacramento bankruptcy attorneys. Established in 1924, the University of the Pacific McGeorge School of Law has educated many prominent Sacramento bankruptcy attorneys. It is known as one of the top law schools Sacramento bankruptcy attorneys may have received their legal education at other nearby educational institutions like the Lincoln Law School of Sacramento or the Northwestern California University School of Law. Sacramento is the capital of the state of California and home of two professional basketball teams, both a men's and women's team. The Sacramento Kings and the Sacramento Monarchs represent the National Basketball Association and the Women's National Basketball Association respectively. Even with these professional basketball teams to help boost and support the economy, it is still suffering. For example, the current unemployment rate is approximately 12.4%. This is astounding when compared with the average national unemployment rate of 10%. Even in an economy where things are seemingly productive, there are still large numbers of people who are struggling financially. Knowing what the state's unemployment rate is not enough. You must also know the relationship between the unemployment rate of a location and its subsequent bankruptcy rate. Regardless of the causal relationship of the unemployment rate and other economic indicators, there is definitely a correlation between economic factors like foreclosure and unemployment rates. These things most certainly have the ability to influence the overall number of bankruptcies in a given area. It would be a very good idea for a Sacramento bankruptcy attorney to keep an eye on any major economic factor that can significantly sway, influence or contribute to the increase in personal bankruptcy filings. It is important to be aware of what is going on around you and in tune with the events occurring in your community that could eventually affect you.