Georgia Unemployment At Record High
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Posted: 11:34 AM Mar 18, 2010
Georgia Unemployment At Record High
It rose to a record 10.5 percent in February.
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The Georgia Department of Labor says the state's
seasonally adjusted unemployment rate has set a new high.

It rose to a record 10.5 percent in February.

The rate is up one-tenth of a percentage point from January.

The jobless rate was 8.7 percent at this same time last year.
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President Obama heads to Cleveland, Ohio Wednesday to announce a series of measures he hopes will help jump start the economy. He'll propose letting businesses write off all their new investments in plant and equipment through 2011. According to the New York Times, the President also hopes to help consumers by extending Bush-era tax cuts for families earning less than 250,000 dollars a year. But he will rule out any compromise that would extend the tax cuts for the wealthy.

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