ThinkSouth -- a weblog of the Center for a Better South

11.06.2009

11/6: U.S. unemployment rate hits 10.2%

New York Times: U.S. unemployment rate hits 10.2%

The unemployment rate is at its highest rate in 26 years. The rate, which measures the number of people actively seeking work, continues to climb, and economists do not foresee relief until well into next year.

“There’s no doubt that the slashing and burning of jobs has abated quite a lot,” said Allen L. Sinai, the founder of Decision Economics, a research firm. “The economy is recovering, but it is a very soft recovery.”

The biggest losses came in the construction, manufacturing and retailing sectors. In anticipation of this report, Congress voted Thursday to extend benefits for jobless workers for up to 20 weeks.

Also in the South:

ALABAMA: State benefits from Kia's Georgia plant as 3,600 jobs go to Alabamans

ARKANSAS: Looking at Arkansas politics for 2010

FLORIDA: State's plan to tear down highway toll plazas comes with alternative pay proposal

GEORGIA: Prescription drug deaths continue to rise in Georgia

KENTUCKY: State gets $350,000 in federal energy grants

LOUISIANA: Senate kills Sen. Vitter's census proposal on way to redraw Congressional maps

MISSISSIPPI: Gov. Barbour wants more authority to make deeper budget cuts

NORTH CAROLINA: Lawmakers consider special session to deal with inmate issue

SOUTH CAROLINA: Simulated photos released of what offshore wind turbines would look like

TENNESSEE: 2009 public schools report card shows mixed bag of 'grades'

VIRGINIA: State Supreme Court upholds multistate power line plan


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