Friday, December 12, 2008

Georgia's Initial Jobless Claims and Unemployment Rate Continue to climb higher

Today news comes out of Georgia that Initial jobless claims for November 2008 were 55% higher than what was experienced in November 2007. A total of 74,480 claims were filed last month, vs. 72,627 in October, 2008 and 48,150 in November 2007.

Needless to say, this should cause Georgia's unemployment rate for November, 2008 to be higher than the 7.0% that it had in October, 2008.


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