KNOXVILLE, Tenn. (AP) - University of Tennessee economists say
it likely will take another two years for the state's economy to
recover fully from the recession.
The projection is included in the 2010 Economic Report to the
Governor, released Monday.
According to The Knoxville News Sentinel, the report said
Tennessee's unemployment rate likely will average 10.4 percent this
year and stay above 10 percent through 2011.
The annual report is prepared by the Center for Business and
Economic Research at UT-Knoxville.
Matt Murray, director of the study, wrote in the report that the
recession has had more than two years "to wreck havoc on the state
economy."
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Information from: The Knoxville News Sentinel,
http://www.knoxnews.com
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