Goizueta’s Tom Smith told WABE in Atlanta the nation’s unemployment rate could continue to tick down, perhaps going below 8 percent, later this summer if firms and consumers gain more confidence the economy isn’t headed for a recession relapse.

Smith, an assistant professor in the practice of finance, told WABE’s Jim Burress Georgia isn’t close to complete economic recovery, but it’s a step in the right direction.


The nation’s unemployment rate dropped to 8.8 percent Friday. In Georgia, the figure remains stubbornly high — 10.2 percent.

“June, July, August… firms are going to have to make decisions about hiring,” Smith said. “I think we’re going to see the unemployment rate tick down right around then.”


Previous articleEvening MBA Program Hosts Open House
Next articleEmory Report: Keeping Goizueta Moving
We offer insights from Emory University's Goizueta Business School. EmoryBusiness.com is an extension of a long-standing print publication of the same name.