Good morning everyone! Here is today's Daily Briefing.
The May unemployment numbers are out and they are bad news for us - the Valley has an unemployment rate of 8.8%. Pennsylvania's unemployment is 8.2% and the U.S. currently is at 9.4%. PennDOT officials are saying that they will start to spend more money on road repairs, something that is apparently needed, as PennDOT's local district is falling behind in its obligation towards road repairs. Not all the news is bad though - tickets for the U.S. Women's Open are starting to really fly, with roughly half the tickets having sold so far.
Oh, and just in case you forgot, tomorrow is the deadline for the state budget to be passed. There is clearly not a chance that will happen.
In national/international news, its a sign of the times - U.S. troops pulled out of Iraq cities yesterday, handing control of those cities over to local police and soldiers. And, here's a unique way to solve a state budget problem - give Michigan prisoners. With California's prison population exploding, they have sent a letter to California, asking for prisoners to avoid laying off correctional workers.
Business Matters aired yesterday, and the topic was voter apathy in America. You can watch the show on WFMZ's website (it will be available later today) and join in the discussion over at the Business Matters blog.
That's all for now. Have a great day!