5:37 am August 20, 2009, by Henry Unger
I’m taking two days off, so today’s Power Breakfast will be the last one until Monday morning. See you then.
Today, the state labor department reported that Georgia’s unemployment rate rose to 10.3 percent in July.
A total of 493,748 state residents were unemployed. Of that number, 163,839, or 33.2 percent, received state unemployment insurance benefits, while approximately 140,000 received federally funded extended benefits.
That leaves about 190,000 people without any government unemployment benefits.
“These jobless workers could comprise a mythical unemployment line that stretches from Dalton to Atlanta, through Macon and down to Valdosta,” Labor Commissioner Michael Thurmond said in a statement.
Thurmond said in a previous interview that he expects state unemployment to hit 11 percent to 11.5 percent. In metro Atlanta, he expects unemployment to peak at 11.5 percent to 12 percent.
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