Northwest Georgia’s Unemployment Rate Rises To 7.9 Percent In October

Dalton's Rate Rises To 10 Percent

Thursday, November 28, 2013

The Georgia Department of Labor announced Thursday that the unemployment rate in the Northwest Georgia region increased to 7.9 percent in October, up three-tenths of a percentage point from 7.6 percent in September. The rate was 8.9 percent in October a year ago.

Because of the federal government shutdown, no states were allowed to publish local labor market data for September. During the interim, the rate for Northwest Georgia fell from 8.3 percent in August to 7.6 percent for September.

The rate rose in October primarily for two reasons – an increase in new layoffs and an increase in the number of unemployed residents.

The number of new layoffs, represented by initial claims for unemployment insurance (UI) benefits, increased to 3,336, up by 85, or 2.6 percent, from 3,251 in September. Claims were filed in several sectors, led by administrative and support services and wholesale and retail trade. There were 5,602 claims in October 2012.The number of unemployed people in Northwest Georgia increased to 32,043, up by 900 from 31,143 in September. There were 36,813 unemployed in October 2012.

The labor force, which is the number of people employed plus those unemployed but actively looking for work, declined by 3,564 to 405,312 in October, down from 408,876 in September. The labor force was down by 10,540 from 415,852 in October 2012.

Metro Dalton’s unemployment rate increased to 10 percent in October, up four-tenths of a percentage point from 9.6 percent in September. The rate was 11.3 percent in October a year ago.

Because of the federal government shutdown, no states were allowed to publish local labor market data for September. During the interim, the rate for Dalton fell from 10.3 percent in August to 9.6 percent for September.

The rate rose in October primarily for two reasons – an increase in new layoffs and an increase in the number of unemployed residents.

The number of new layoffs, represented by initial claims for unemployment insurance (UI) benefits, increased to 928, up by 97, or 11.7 percent, from 831 in September. Claims were filed in several sectors, led by manufacturing. There were 1,753 claims in October 2012.

The number of unemployed people in Dalton increased to 5,759, up by 184 from 5,575 in September. There were 6,756 unemployed in October 2012.

While the jobless rate was up, the number of jobs rose to 63,700, up by 300, or 0.5 percent, from 63,400 in September. Most of the jobs were added in textile manufacturing.

Over the year, the number of jobs was up by 700, or 1.1 percent, from 63,000 in October 2012. Most of the increase came in professional and business services, trade, transportation and warehousing, and state and local government.

The labor force, which is the number of people employed plus those unemployed but actively looking for work, declined by 476 to 57,877 in October from 58,353 in September. The labor force was down by 1,916 from 59,793 in October 2012.

Metro Athens had the lowest area jobless rate at 5.8 percent, while the Heart of Georgia-Altamaha region had the highest at 10.9 percent.

Meanwhile, Georgia’s seasonally adjusted unemployment rate for October was 8.1 percent, down from 8.3 percent in September. The rate was 8.8 percent in October a year ago.

Local area unemployment data are not seasonally adjusted. Georgia labor market data are available at www.dol.state.ga.us



Promotions Announced At Henderson Hutcherson And McCullough

Henderson Hutcherson & McCullough announced 11 accountants have been promoted to manager and supervisor. Jon Paul Davis, CPA, Jones Krogh, CPA, CFP, Adam Osborne, CPA, and Branden Wilson, CPA, were promoted to manager. Liana Bean, CPA, Blake Bennett, CPA, Chad Goodman, CPA, Zach Hutcherson, CPA, MBA, Tammy Jacobs, CPA, Khara Lounsbury, CPA, and Sydney Zumbrun, CPA, ... (click for more)

Lifetouch National School Studios Recognized As Pretreatment Excellence Award Winner

The City of Chattanooga's Publ i c Works Waste Resources Div i s i on has recogn i zed Lifetouch Nat i onal School Studios as thi s year's Pretreatment Exce llence Award winn e r. The annual award i s given by the city to a manufactur e r that has e ffici e ntly op ... (click for more)

Erlanger Finishes Fiscal Year With $18 Million Profit

After a major loss the year before, Erlanger Health System finished the fiscal year with an $18 million profit, officials announced Monday night. It was well ahead of the $2 million gain that Erlanger had budgeted for, and far better than last year's $8 million loss. The profit was boosted by a first-time $19,587,000 from a Public Hospital Supplemental payment and essential ... (click for more)

Chancellor Rules That IDB Must Reimburse Attorney Fees, Other Legal Costs For Helen Burns Sharp On TIF Lawsuit

Chancellor Pam Fleenor has ruled that Helen Burns Sharp, who sued over the validity of a $9 million Tax Increment Financing (TIF) for a planned major development on Aetna Mountain, should be reimbursed her discretionary costs as well as her attorney fees. Ms. Sharp said in a recent court filing that her legal bills to attorney John Konvalinka were $74,427 at the time. The ... (click for more)

ChattaData Is A Real Advance For The City

This past Tuesday, the city of Chattanooga's new performance management tool called ChattaData was unveiled. As the chairman of the City Council’s Budget & Finance Committee, I am excited to witness the city putting this important information online in a way that is accessible and transparent to all taxpayers. This approach shines light on how we as a city prioritize our ... (click for more)

Roy Exum: Apollos Hester’s Way

East View High was trailing at halftime by a pair of touchdowns in last Friday night’s game against unbeaten Vandegrift. But the players at the Georgetown, Texas, school each have a sticker on the back of their helmets that says “TPW” which is a constant reminder that “Tough People Win.” Then there is “attitude” and that is where running back Apollos Hester steps in. In what ... (click for more)