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OH NO: Jobless Claims leap 126% in Georgia!!!

The AJC that huge numbers of Georgians continue to claims for unemployment insurance and more grim job reports lie ahead, but the â„¢s battered economy may be showing faint signs of life. More than 96,000 Georgians filed new jobless claims last month, a 126 percent leap from a year ago, the state Labor Department said Thursday.



And the stateâ„¢s unemployment rate, now at 9.3 percent, should break into double digits in the next month or two, said Michael Thurmond, state commissioner of labor. Yet, the stateâ„¢s manufacturing sector has been growing modestly for four straight months. Moreover, the skyrocketing, triple-digit growth in the of Georgians seeking unemployment insurance may be starting to slow. During the week of , new jobless claims rose only as fast as they have in recent months, Thurmond said. Economists donâ„¢t expect a turnaround anytime soon. [source]

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sheryl underwood, radiofacts.com
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