Homestead mailing list

["Lynda" <lurine AT com-pair.net>]

New numbers came out today.  California's number, using the "new and 
improved" method of calculating unemployment, is 11.6%.  Up here in 
Can't-Get-Here-From-There, the "new and improved" rate is 17.3%.

The largest over-the-month decrease in the level of employment occurred in 
California (-66,500), followed by Texas (-40,600), Ohio (-33,000), and 
Michigan (-31,300).

Michigan again reported the highest jobless rate, 15.2%, in June.  (The last 
state to have an unemployment rate of 15% or higher was West Virginia in 
March 1984.)  The states with the next highest rates were Rhode Island, 
12.4%; Oregon, 12.2%; South Carolina, 12.1%; Nevada, 12%; California, 11.6%; 
Ohio, 11.1%; and North Carolina, 11%.  The Nevada, Rhode Island, and South 
Carolina rates were the highest on record for those states.  Florida, at 
10.6%, Georgia, at 10.1%, and Delaware, at 8.4%, also posted series highs.

Lynda
"Facts do not cease to exist because they are ignored."  Aldous Huxley

----- Original Message ----- 
From: "EarthNSky" <erthnsky AT bellsouth.net>>
> Not here in my area.  Unemployment seems to be getting worse as more
> stores and businesses close.  There are still pages and pages of
> bankruptcies and foreclosures in the paper and yet no real jobs
> advertised-only the work at home scams.  Now, having said that, I can
> say that in the relatively new neighborhood where my folks live, there
> were about 8 empty houses, now there is only one.  I think that is due
> to special loans and the first time buyer program that Obama promoted.
> I personally don't view home sales as a sign of economic recovery,
> especially if that is due to special financing.  The housing crisis came
> to be because of 'special financing', so having more houses occupied
> just doesn't spell 'recovery' in my book.
>
> There is a town, down in middle Georgia, where a large KIA plant is due
> to open.  KIA has created a lot of jobs and the little town  of West
> Point is calling itself KIAville and has become somewhat of a boom town,
> getting lots of media attention.  Surrounding areas are riding KIA's
> coattails, too.
>
> Georgia has an average 10.1% unemployment for June, up from 9.6 in May.
>  They say that we will be at 12% or more statewide before the end of
> the year.  I live in one of the worst areas of my state for jobs.  I
> looked on the GDOL website and I see that Atlanta is at 9.6% and the
> Dalton area is at 12.6%, down from about 14.8 in March as you can see on
> this bar graph.
>
> http://www.dol.state.ga.us/pdf/pr/lf_dalton.pdf