No variable specified
State, metro jobless figures lowest in five years
by Noreen Cochran
January 07, 2014 03:08 PM | 1041 views | 0 0 comments | 18 18 recommendations | email to a friend | print
Georgia is following in the footsteps of metro Atlanta, posting a 7.7 percent jobless rate in December, the same as the metro area in November.

But metro Atlanta has stayed ahead of the state by dropping its December numbers to 7.0 percent, equal to the U.S. seasonally adjusted unemployment rate.

The Georgia Department of Labor announced Dec. 26 the Georgia and metro Atlanta results are the lowest rates in five years.

Metro Atlanta’s rate was 6.9 percent in October 2008.

Georgia’s was 7.6 percent in November 2008.

“The rate is down because of strong job growth and a very good drop in new claims for unemployment insurance benefits,” state Labor Commissioner Mark Butler said in a statement. “The number of new jobs is the best October-to-November growth since 2007 and the number of new claims is the lowest for any month since September 2007. Both of these numbers pre-date the recession.”

Fulton County’s rate fell as well, from 8.4 percent in late October to 7.8 in late November.

About 4,500 more residents joined the working ranks in that one-month period.

“Metro Atlanta employers added 14,300 jobs in November, increasing the number of jobs to 2,447,600, up by 0.6 percent from 2,433,300 in October,” department spokesman Sam Hall said in a statement. “Most of the new jobs were added in trade, transportation and warehousing, government, leisure and hospitality, education, health care, services and construction.”

The jobless rate in the Fulton part of the city of Atlanta also dropped, from 9.9 percent in October to 9.3 percent in November.

The figure represents about 16,650 unemployed residents, down from about 17,780 the month before and 19,330 in November 2012.

East Point, though, bucked the trend by posting a higher unemployment rate than last month, up two-tenths of a percent to 11.2, with about 50 more residents – a total of 1,781 – out of work than in October.

The rate is still lower than its November 2012 rate of 12.7 percent, when 2,040 of East Point’s more than 16,000 workers were jobless.

.
Comments
(0)
Comments-icon Post a Comment
No Comments Yet
*We welcome your comments on the stories and issues of the day and seek to provide a forum for the community to voice opinions. All comments are subject to moderator approval before being made visible on the website but are not edited. The use of profanity, obscene and vulgar language, hate speech, and racial slurs is strictly prohibited. Advertisements, promotions, spam, and links to outside websites will also be rejected. Please read our terms of service for full guides