Good and Bad News on the Economy

The AJC is claiming that late mortgage payments in Atlanta are higher than they have been in over 70 years. Mark Zandi, chief economist at Moody's Economy.com, says:

"I don't think we've seen delinquency rates this high since the Great Depression."

So, um, maybe I should be collecting cans of beans instead of blogging today, huh?
You can read the whole article here.

Moving on to economic news that isn't depressing, the job market has rebounded by posting a 110,000 net gain in workers. There are signs that problems persist in the private sector, but this month's numbers are a stark improvement over those from August.

Read CNN Money's article on the report here.