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
If you have a news story about public policy to suggest, send an email to info@bettersouth.org

