Monday, August 4, 2008

RuCo Unemployment Rate Highest in Nearly 18 Years

From Murfreesboro Post (July 27, 2008): “'It is hard to pinpoint' the reason for the increase, said David Penn, executive director of the Business and Economic Research Center at MTSU. 'It is surprising how much it has jumped in the last couple of months.' Penn said the jump could be caused by more people moving into the county looking for work, or those self-employed in real estate, restaurants and trucking companies giving up and now looking for work. The manufacturing industry is still seeing some job losses, [and] some people may be entering the labor force for the first time due to the rising costs of fuel and goods." (more)