Friday, June 27, 2008

Jobless Rate Soars in Region

From the Tennessean (June 27, 2008): "The increase is so large that we have to wait and see if this is an aberration," economist David Penn of Middle Tennessee State University said. "It is inconsistent with the payroll numbers. We're seeing slow growth here, but no huge drop-off as suggested by these spiking unemployment rates."