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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Crimson Ghost who wrote (5348)1/17/2004 9:51:33 AM
From: mishedlo   of 110194
 
Jobless claims in Georgia jump sharply
By MICHAEL E. KANELL
The Atlanta Journal-Constitution

New jobless claims in Georgia climbed back to recession levels in December, despite months of hope about an improving economy, the state Labor Department said Thursday.

Applications for unemployment benefits leaped 65 percent from November to 59,206 -- better than a year earlier, but still proof of a tough labor market, said Georgia Labor Commissioner Michael Thurmond.

"The problem is job creation," Thurmond said. "The declaration of victory over recession may have been premature."
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