http://www.montgomeryadvertiser.com/apps/pbcs.dll/article?AID=2009909190375
Alabama's jobless rate rose to 10.4 percent in August, matching a high last hit 25 years ago, and economic forecasters said the state's economy won't improve much anytime soon.
And our economy is unlikely to improve in the near future.
The Center for Business and Economic Research at the University of Alabama said Alabama's economy will continue to weaken in the third quarter this year, although the pace shouldn't be as rapid as the past nine months.
I'm not an economist, but I have studied enough to have a BASIC understanding of how things work. And a "recovery" without private-sector jobs being created is no recovery at all. Real growth and prosperity won't occur until we start seeing jobs created.
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