Economist expects jobless rate to rise -- and that's not bad
Press release from the issuing company
Friday, May 21st, 2010
A slight drop in Georgia's unemployment rate for Apri is really nothing to crow about, says Jeffrey Humphreys, director of the University of Georgia's Selig Center for Economic Growth. The economist has repeatedly said that, as the state's recovery lurches forward, unemployment will remain well above the national average.
In fact, Humphreys, who has observed three recessions since arriving at UGA in 1989, thinks the rate will tick up again later this year as Georgia’s economy gains strength. (read more at ajc.com)
