Hope and Change:

North Carolina's unemployment rate, already one of the highest in the country at 11.1 percent, will "peak" at 13 percent in the first quarter of 2010 before it begins to improve, North Carolina State University economist Michael Walden predicted Monday.

In his "North Carolina Economic Outlook" report, Walden said that "an emerging consensus" points to an economic rebound beginning "in late 2009 or 2010."

Posted by: Confederate Yankee at 11:43 AM | No Comments | Add Comment
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