Georgia’s Unemployment Rate Declines To 8.5 Percent In November

Lowest State Unemployment Rate In Almost 4 Years

Thursday, December 20, 2012

The Georgia Department of Labor announced Thursday that Georgia’s seasonally adjusted unemployment rate declined to 8.5 percent in November, down two-tenths of a percentage point from 8.7 percent in October. The rate was 9.5 percent in November a year ago.

“This is the lowest state unemployment rate in nearly four years, since it was 8.5 percent in January 2009,” said State Labor Commissioner Mark Butler.  “Once again, the rate dropped because of continued job growth and fewer new layoffs.”

The number of jobs increased to 3,984,000, up by 9,600, or two-tenths of a percentage point, from 3,974,400 in October. The monthly growth came mostly in trade, transportation, and warehousing, up 12,400; educational services, up 1,700; information services, up 1,600; local government, up 1,300; financial services, up 1,200; and manufacturing, up 600. The overall job growth was strong enough to offset some losses in some sectors. Construction was down 4,000; leisure and hospitality, down 2,700; professional and business services, down 2,100; and other services, down 1,100.

Over-the-year growth remains consistent, showing an increase of 61,900 jobs since November 2011. The growth was primarily in professional and business services, up 20,100; trade, transportation, and warehousing, up 15,800; manufacturing, up 12,200; education and health care, up 11,700; leisure and hospitality, up 6,800; and information services, up 5,000.

“I am encouraged by the continuing growth in the number of manufacturing jobs in Georgia,” said Governor Nathan Deal. “This is a result of focusing on a pro-business environment and working closely with Georgia employers to help them grow their businesses, while actively recruiting new industry to our state.”

The number of initial unemployment insurance claims declined to 47,351, down by 4,114, or 8.0 percent, from 51,495 in October. This is the lowest number of claims for November in seven years. And, the number of initial claims was down over the year, dropping by 10,222, or 17.8 percent, from 57,573 in November 2011. Most of the over-the-year decline came in manufacturing, construction, administrative and support services and trade.

The number of long-term unemployed workers declined to its lowest level in 32 months, dropping 4,100 from October to 202,600 in November. The long-term unemployed—those out of work for more than 26 weeks—make up 49.5 percent of those unemployed in Georgia.

Georgia’s labor force continues to grow, reaching 4,800,345 in November, its highest level since February 2009. The labor force was up by 7,101 from 4,793,244 in October.  The state’s workforce totaled 4,735,411 in November 2011.

Connect with us on Facebook, YouTube and Twitter @GeorgiaDOL. You can access all pages via our website at www.dol.state.ga.us.

Market Street Solutions Ranked Number 1457 By Inc. Magazine

Inc.  magazine ranked, Chattanooga based, Market Street Solutions, a Business Analytics and Big Data Consulting Firm, Number 1457 (increasing from Number 1936 in 2014, 3511 in 2013, and 4330 in 2012) on its 34th annual Inc. 500|5000 list, an exclusive ranking of the nation’s fastest-growing private companies. This is the seventh time in the last eight years that Market ... (click for more)

Gas Prices Drop To Average Of $2 In Chattanooga

Average retail gasoline prices in Chattanooga have fallen 8.4 cents per gallon in the past week, averaging $2.00 per gallon on Sunday, according to GasBuddy's daily survey of 170 gas outlets in Chattanooga. This compares with the national average that has fallen 12.8 cents per gallon in the last week to $2.47 per gallon, according to gasoline price website GasBuddy.com. Including ... (click for more)

Hutcheson Medical Center Seeking Court Approval To Sell Trenton Family Practice For $350,000

Hutcheson Medical Center, continuing to make cost-cutting measures, is seeking court approval to sell the Trenton Family Practice at Trenton, Ga., for $350,000. Ted Rumley, county executive for Dade County, said the medical center is so important for the county that officials have arranged for the Dade County Industrial Development Authority to buy it. He said arrangements ... (click for more)

Sheriff Hammond Says Chattanooga Shooting Was Illustration Of "Islam Terrorism"

"Communism with a god.” That’s how Hamilton County Sheriff Jim Hammond sees Islam.   He also said Muslims are aiming to overtake Tennessee. He said, "They want Tennessee. They are building mosques as fast as they can."   In an address to the Pachyderm Club on Monday, Sheriff Hammond spoke again to the community on the effects of radical Islam and the dangers ... (click for more)

Sheriff Hammond Is Right On The Muslim Threat

Sheriff Hammond is exactly correct on the Muslims in Tennessee.  He sees with clear eyes the problem with the Muslims in our state and country.  They do want to take over Tennessee.  Our politicians are selling us down the river and allowing the trouble makers to dig in like tics and suck out the life's blood of our Constitution and take us over.  They ... (click for more)

Roy Exum: My September Garden

As we begin the annual pilgrimage into fall, I walk through my garden and, in the spirit of Orchids and Onions, I see colorful mums starting to flower at the same time dried-up weeds are begging to be pulled. So as we turn the calendar to September, here are some things that catch my eye: A COLORFUL MUM to Chattanooga State for unveiling the Michael Hennen Hospitality Center in ... (click for more)