At the County meeting this Tuesday a presentation was made with information from the Work Force Center. 13 Counties unemployment rates were disclosed along with other information but I wanted to share the unemployment rates for Isanti and a few of our neighboring counties. This is nothing we have not seen or known was coming but it frames the situation we are in quite well. I will list the county name the November 2007 data then the December 2008 data:
Benton 4.0% to 7.9%
Chisago 4.9% to 9.1%
Isanti 4.9% to 9.6%
Kanabec 6.6% to 14.1%
Mille Lacs 6.2% to 12.3%
Pine 6.2% to 11.3%
Sherburne 4.3% to 8.2%
Stearns 3.8% to 7.0%
Wright 4.3% to 8.6%
Isanti County has had its unemployment rate jump 96% from end of 2007 to end of 2008. This is in comparison to the State with a rate of 4.0% in 2007 to 6.8% in 2008 or a 70% increase.
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