Guilford Unemployment Down in April, But Have We Really Beaten the Recession?

More evidence that the effects of the recession may have peaked came on Friday with release of the State’s county jobless data for April.  Guilford’s unemployment had dropped .3% percent versus the previous month to 10.5%.  Over eighty counties in North Carolina saw their jobless rates go down.

Once again, if you’re looking for work, be sure to try some of Greensboro Public Library’s JobSkills offerings.  

Also this week, a survey of leading economists by the National Association for Business Economics Outlook showed that nearly three out of four think economic growth will be positive the second half of 2009. 

Skeptics remain, however, such as Nouriel Roubini (who accurately predicted last year’s financial meltdown).  He doesn’t think we’ll see positive growth before the first quarter of 2010, and in an article in Forbes last week he warned of a possible “double dip recession” during 2010-11, owing to “a perfect storm” of factors such as high oil prices, inflation, and increases in public debt.

The Library’s most recent holdings on the financial crisis include:  The Great Financial Crisis:  Causes and Consequences by John Bellamy Foster and Fred Magdoff; The Gods That Failed:  How Blind Faith in Markets Has Cost Us Our Future by Larry Elliott and Dan Atkinson; Meltdown:  The End of the Age of Greed by Paul Mason; and The World is Curved:  Hidden Dangers to the Global Economy by David M. Smick. 

More works on this topic can be found at this previous post.

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One Response

  1. […] can find lists of some of Greensboro Public Library’s recent acquisitions here, here, here, and […]

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