Taking a snapshot at the end of the year is always a good way to gauge where you’ve been and how much further you have to go.
AJC reporter Dan Chapman has done that with a sampling of economic data for Georgia. It’s not a pretty picture, as you might imagine.
In December 2007, when the Great Recession officially started, Georgia’s jobless rate stood at an enviable 4.6 percent, Chapman writes.
Three years later, after the economic tsunami has wiped out jobs, households and futures for tens of thousands of Georgians, the rate is 9.9 percent.
Meanwhile, metro Atlanta foreclosure notices went from 4,711 to 13,834.
There are a lot of other good comparisons in Chapman’s piece, so please take a look.
Also in the AJC:
In other media:
- Henry Unger, The Biz Beat
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