Robert T. Sumichrast — who heads the University of Georgia's business school — offered the state's economic forecast at a luncheon Tuesday. He was joined by David Wyss, chief economist for Standard & Poor's in New York, who predicted the nation as a whole had entered a recovery.
A year ago, Sumichrast predicted Georgia's economy would rev up by the third quarter of 2009, with unemployment peaking at 9 percent in early 2010.
But data released by state labor officials last month showed Georgia's unemployment rate for October stood at 10.2 percent.
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