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Posted: Thursday, December 26th 2013 at 5:06am

NE Ga.'s unemployment rate declines to 6.3 percent in November

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Metro Gainesville’s unemployment rate decreased to 5.9 percent in November, down seven-tenths of a percentage point from 6.6 percent in October. This is the lowest the rate has been since it was also 5.9 percent in September 2008. The rate was 6.8 percent in November a year ago.
ATLANTA – The Georgia Department of Labor announced Thursday that the unemployment rate in the Northeast Georgia region decreased to 6.3 percent in November, down six-tenths of a percentage point from 6.9 percent in October. The rate was 7.6 percent in November a year ago.

The rate declined in November primarily because the number of unemployment insurance claims was down and the number of unemployed people fell.

Metro Gainesville’s unemployment rate decreased to 5.9 percent in November, down seven-tenths of a percentage point from 6.6 percent in October. This is the lowest the rate has been since it was also 5.9 percent in September 2008. The rate was 6.8 percent in November a year ago.

The number of new layoffs, represented by initial claims for unemployment insurance (UI) benefits, decreased to 1,571, down by 329, or 17.3 percent, from 1,900 in October. Claims declined in several sectors, including trade, transportation and warehousing, professional and technical services, administrative and support services, and health care and social assistance. There were 2,591 claims in November 2012.

Unemployment decreased to 18,678, down by 1,766 from 20,444 in October. There were 22,769 unemployed in November 2012.

Metro Athens had the lowest area jobless rate at 5.1 percent, while the Heart of Georgia-Altamaha region had the highest at 10 percent.

Meanwhile, Georgia’s seasonally adjusted unemployment rate for November was 7.7 percent, down from 8.1 percent in October. The rate was 8.7 percent in November a year ago.

Local area unemployment data are not seasonally adjusted.
Associated Categories: Homepage, Business News, Local/State News

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