I Told You So (Again)

I hate to say it, but I did. I told you so! Again.

On November 30th, when it was reported that unemployment dropped, I said, “These local officials who are in awe that the unemployment numbers are “dropping” are going to be the ones who are shocked on the day the news breaks that unemployment has “unexpectedly” risen again.”

On December 3rd I said, “When you remove people from the unemployment rolls and you remove people from the workplace, the numbers have to show it. Period.”

And what happens today?

Georgia’s unemployment rate went up to 10.1 percent in November due to more rounds of layoffs and the increase in the number of long-term unemployed.

Wow. I bet they didn’t see that one coming.