Unemployment Due to Katrina

Hurrincane Katrina has taken a toll on the unemployment rate on the Gulf Coast. In July of 2005 the estimated unemployment rate for the area was 4.9%, and now possibly could climb up to 25%. While the bigger businesses may get back on their feet soon and jobs will come from the rebuilding projects, the 28% of the area living under the poverty line and the small businesses will be devasted. We in the Mid-Ohio Valley understand what effect a natural disaster, on a much smaller scale, can have on a community and it's little shops.