WAFF.com: North Alabama News, Radar, Weather, Sports and Jobs-Study says jobs could be gone until 2013
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Associated Press - November 15, 2009 11:14 AM ET
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.
Information from: The Birmingham News, http://www.al.com/birminghamnews
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
