In an interview today, Labor Commissioner Michael Thurmond told GPB that Georgia will see double digit unemployment by the end of the year, based on current trends.
That comes after the "sobering" news of a 174% spike in unemployment claims.
Thurmond says he is convinced, based on the data he reviews, the recession will be "long and difficult" and will extend into 2010.
The full interview will be posted on www.gpb.org/wgpb at 4 p.m.
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Thursday, January 15, 2009
Thurmond: Double Digit Unemployment By The End Of The Year
Posted by
John Sepulvado
at
1/15/2009 11:46:00 AM
Labels: economic woes, labor commissioner michael thurmond, unemployment