How long will the recession last? Economists predict…

October 23, 2008 in Business, Finance, News by Admin

Approximately 7 months ago we began a recession in states like California, Florida, New Mexico, Michigan and Nevada; now in October we have 27 states that are in a recession. California currently has an unemployment rate of approximately 7% while other places like Rhode Island and Nevada have over an 8% unemployment rate.
However, some of the states are somewhat less affected by the current recession due to their particular economic climate. For instance, you have Alaska which because of their…

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