Home Music Industry News OH NO: Jobless Claims leap 126% in Georgia!!!

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 stateâ„¢s battered economy may be showing faint signs of . More than 96,000 Georgians filed jobless claims last month, a 126 percent leap from a 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 first of April, new jobless claims rose only half as fast as they have in recent months, Thurmond said. Economists donâ„¢t expect a turnaround anytime soon. [source]

CEO of RF Focus, Radio and Music Industry Veteran. Radio DJ, Programmer, Musician and Voice Talent. Graduated from Performing Arts in Buffalo, N.Y. and worked at the legendary KKBT (92.3 The Beat) during its nationwide heyday in the early 90s. Also worked for Stevie Wonder at KJLH.