Report of Governor Smith's Reconstruction Commission on a

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This was close to the national average that month. [5] But the days of unemployment were soon to end. Frictional unemployment is temporary because the jobs and workers are there; they just have to find each other. It did not really become a concern until a year later when it broke above 5% in March 2008. The unemployment rate rose rapidly, breaking 6.2% in August 2008, 7.2% by November 2008, 8.1% by February 2009, 9.4% three months later, finally reaching 10.2% in October.

Pages: 34

Publisher: HardPress Publishing (January 28, 2013)

ISBN: 1290985944

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