Bright & Early: When The Well Runs Dry Edition

Good morning, Nashville. If you’re reading this from work this morning, you’re pretty lucky. The Tennessee unemployment rate hit 9.6% last month and economists predict it won’t be getting better anytime soon. Consequently, more than 7,0000 Tennesseans are reaching the end of their 59 weeks of Federal unemployment benefits. If we continue losing our jobs at this rate, the state’s Labor Department predicts that as many as 57,000 more Tennesseans could exhaust their benefits by July 4. Though Congress already tacked on 33 weeks of benefits last year, there’s talk of using some of the stimulus funding to add another 20 weeks.

Photo by softarchitecture.