Business: Waiting in the Long Gray Lines

The fast-growing South escaped many of the ill effects of past postwar recessions, but the current slump is so pervasive even that region is hurting. Unemployment in the six Southeastern states in December ran three-tenths of a point above the national average. In Georgia, officials of the state department of labor estimated that unemployment there had jumped from 9% for the month of January to 11% or 12% by last week. Unemployment lines in Georgia are much the same as elsewhere in the U.S. People who wish to collect unemployment compensation have to...

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