Unemployment
Unemployment
Updated: Sunday, 15 Nov 2009, 12:25 PM CST
Published : Sunday, 15 Nov 2009, 12:25 PM CST
BIRMINGHAM, Ala. (AP) - Alabama might not recover jobs lost to the recession until 2013.
That's according to a Massachusetts group that says Alabama
and several of its Southeastern neighbors are among more than a
dozen states that will need another three years to return to
previous peak employment levels.
Karl Kuykendall, an IHS Global Insight regional economist who
covers the Southeast, says states like Alabama, Tennessee and
Georgia relied heavily on manufacturing, especially the auto
industry, which were hit hard by this recession.
Researchers also estimate Florida won't recover its lost jobs
until 2014.