The Union Recorder

Local News

March 7, 2014

Georgia's unemployment rate declines to 7.3 percent in January

ATLANTA —

The Georgia Department of Labor announced Thursday that Georgia’s seasonally adjusted unemployment rate decreased to 7.3 percent in January, down one-tenth of a percentage point from 7.4 percent in December. The rate was 8.6 percent in January a year ago. 

“This is the seventh consecutive month that the unemployment rate has declined,” said State Labor Commissioner Mark Butler. “The rate fell because 15,928 more Georgians were employed and the number of new layoffs for January fell to the lowest level in eight years.” 

There were 58,091 new claims for unemployment insurance, a drop of 7,798, or 11.8 percent, from December. This is the smallest number of claims in January since 2006, when 53,680 claims were filed. 

Most of the decline in claims came in manufacturing, accommodations and food services, construction, and administrative and support services. There were 71,530 claims in January 2013.

The number of jobs decreased to 4,032,000 in January, down by 56,200, or 1.4 percent, from 4,088,200 in December. However, the loss is significantly fewer that the 76,300 average January job loss for the last five years. 

The losses came across-the-board in trade, transportation, and warehousing, 19,000; professional and business services, 12,800; government, 5,900; leisure and hospitality, 5,500; construction, 4,100; education and health care, 3,500; financial services, 2,600; and manufacturing, 2,100. 

“While we had the traditional December to January job loss, Georgia actually had 80,800 more jobs than in January a year ago, which is a strong gain,” said Butler. “And, our employers are adding jobs in several important industries.” 

There were 3,951,200 jobs in January 2013, and over-the-year, most job sectors showed gains. Most of the increases came in trade, transportation and warehousing, 25,200; leisure and hospitality, 20,400; professional and business services, 16,600; education and health care, 9,500; construction, 6,900; and financial services, 4,900. Government lost 9,600 jobs.

1
Text Only
Local News
Poll
AP Video
Courts Conflicted Over Healthcare Law Holder Urges Bipartisanship on Immigration Raw: Truck, Train Crash Leads to Fireball US Airlines Cancel Israel Flights Obama Signs Workforce Training Law Crash Victims' Remains Reach Ukraine-held City Diplomatic Push Intensifies to End War in Gaza Obama Offers Condolences at Dutch Embassy Cat Fans Lap Up Feline Film Festival Raw: Lawmakers Scuffle in Ukraine's Parliament The Rock Finds His Inner 'Hercules' Michigan Plant's Goal: Flower and Die Raw: MH17 Passenger Remains in Kharkiv, Ukraine Raw: Israel Hits Gaza Targets, Destroys Mosques Veteran Creates Job During High Unemployment New Orleans Plans to Recycle Cigarette Butts
Facebook
Twitter Updates
Follow us on twitter
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Stocks
NDN Video
Samsung Pre-Trolls The IPhone 6 With New Ad Jimmy Kimmel Introduces His Baby Girl Swim Daily, Nina Agdal in the Cook Islands Guilty Dog Apologizes to Baby for Stealing Her Toy Prince George Turns 1 and is Already a Trendsetter Train Collides With Semi Truck Carrying Lighter Fluid Kanye West Tells-All on Wedding in "GQ" Interview Tony Dungy Weighs in on Michael Sam Scarlett Johansson Set To Marry In August New Star Wars Episode XII X-Wing Revealed Obama: Putin must push separatists to aid MH17 probe Michigan inmates no longer allowed to wear orange due to 'OITNB' Adam Levine Ties the Knot Sebastian The Ibis Walks Beautiful Bride Down The Aisle | ACC Must See Moment NASA Ceremony Honors Moon Walker Neil Armstrong Faces of Souls Lost in Malaysian Plane Crash 105-year-old woman throws first pitch Man Creates Spreadsheet of Wife's Reasons for Turning Down Sex 'Weird Al' Is Wowed by Album's Success Rory McIlroy struggles, surges, wins British Open