Business: Georgia jobless numbers soar

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Looking to give back to the community? Visit DoGood.ajc.com today.  Log on to ajc.com from your mobile device and download the new ajc icon for Blackberry users. Making self-powered electronics New Atlanta luxury hotel: Bad timing or wise move? When Tivoli Properties formally announces its Mandarin hotel and condominium project today, it will do so in a bleak hospitality market. Atlanta's hotel industry, which was riding high two years ago on strong convention business and booming occupancy, is now struggling to fill rooms. No senior PGA tour event for Atlanta Having already lost the AT&T Classic, a fixture on the Atlanta sports calendar for 41 years, local golf officials now say the tournament's intended replacement, a senior PGA tour event, cannot find a corporate sponsor and will not go off as planned next year. Georgia jobless numbers soar More than 29,000 metro Atlantans filed first-time unemployment claims in October, up 70.5 percent from the same month of 2007, the state Labor Department said Thursday. Statewide, October unemployment claims rose 75 percent from the prior year, to more than 72,600. More African routes for Delta The Atlanta-based carrier says it will add seven new routes from Atlanta to Africa and another flight to Tokyo as it expands its international network. Atlanta mayor says city needs a rescue Atlanta Mayor Shirley Franklin sas the city will direct employees to cut their hours - and pay - by 10 percent each week to help weather an expected budget shortfall of $50 million to $60 million. The pay and hour cuts affect 4,600 city employees. •More changes for $700B bailout plan? | An auto wreck for economy? •State tax revenue stable in October | Stocks mixed at opening Pentagon orders more Marietta-built F-22s The $50 million in "bridge funding" to buy parts for four more F-22 fighter jets was approved by Defense Secretary Robert Gates. It will give the Obama administration time to decide on the future of the F-22 program early next year. Profits drop for Popeyes owner AFC Atlanta-based AFC Enterprises, operator of the Popeyes chicken restaurants, reported Wednesday a modest drop in revenues for the third quarter but a sizable decrease in profits. •Carrollton-based Southwire plans layoffs in Watkinsville UPS ditching some labels to save paper The Atlanta-based delivery company says it worked with computer and printer giant HP to develop the wireless device, which will gather information from shipping labels, obtain sorting information from a UPS database and then imprint sorting information directly onto packages. Georgia Tech researchers bend wires to make electricity In a small step toward making electronics that can power themselves, researchers at Georgia Tech and the University of Dayton in Ohio have discovered how to generate electricity just by bending tiny wires back and forth. Sears brings back layaway for the holidays The department store chain is bringing layaway back to its namesake stores next week, nearly two decades after it was scrapped, after seeing a strong response to the pay-as-you-go plan at its Kmart locations. The golden years, tarnished In communities like Gleneagles and in the homes of retirees across the country, these are days of fear and uncertainty. In theory, retired people are not supposed to invest much in the stock market; in reality, many millions of them do. Looking for an auto dealer? Look here first. www.ajccars.com The last word on schools! The NEW Ultimate Atlanta School Guide Order today at ajcstore.com Your Business News More on AJC AJC Home Business Insider Vents Traffic Business Page Markets Weather Lotteries CNN Private Quarters accessAtlanta Living Coke BellSouth ajccars Metro Delta Technobuddy ajcclassifieds Nation-World Ga. 100 Stocks Wage Finder ajchomefinder Opinion Home Depot Your Business ajcjobs Shopping UPS Your Money Mobile Sports Alerts Sports * Copyright © 2008, The Atlanta Journal-Constitution. This news, information and advertising message is brought to you by Atlanta Journal Constitution, 72 Marietta St., N. W., Atlanta,GA 30303. This information is for personal use only and is not available for redistribution. This email was sent to: fpac.rangola@blogger.com Please do not reply to this e-mail. If you wish to remove your e-mail address from future mailings, please visit the subscription center. Manage your profile by visiting our profile center. If you have a question or concern about AJC e-mail newsletters, please visit our customer care site: http://www.ajc.com/newsletters To receive the latest Atlanta News and Sports Get The Atlanta Journal-Constitution delivered! Subscribe Today!				Sponsored by