Georgia’s Unemployment Rate Declines To 7.3 Percent In January

Thursday, March 6, 2014
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 Commissioner 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.

Pinnacle Financial Partners Reports Diluted Earnings Per Share Of $0.78

Pinnacle Financial Partners, Inc. reported net income per diluted common share of $0.78 for the quarter ended Dec. 31, compared to net income per diluted common share of $0.65 for the quarter ended Dec. 31, 2015, an increase of 20.0 percent. Net income per diluted common share was $2.91 for the year ended Dec. 31, compared to net income per diluted common share of $2.52 for the ... (click for more)

ChaTech Presents Program On The Rise Of Innovation

Chattanooga technology professionals will have the opportunity to hear Rachael Babcock, former chief technology officer for the State of Tennessee, address how the rapid changes in technology have impacted all areas of our lives, introduced disruptive technologies, and now require new leadership paradigms and practices, on Wednesday from 11:30 a.m.-1 p.m. at Business Development ... (click for more)

Sheriff Deputies Involved In Shooting After Pursuit Tuesday Night In Soddy Daisy

An officer-involved shooting took place in Soddy Daisy on Tuesday night following "an ongoing pursuit which originated earlier in the evening." The shooting incident happened around 7 p.m. The chase started shortly after 5 p.m. Hamilton County Sheriff's Office deputies were involved in the shooting. The Sheriff's Office said m ultiple law enforcement agencies responded ... (click for more)

City Council Told Cost Has Soared For Moving Sewer Line Off Tubman Industrial Site

City Council members were told on Tuesday that the cost has soared for moving a sewer line completely off the Harriet Tubman industrial site. Bill Payne, city engineer, said it initially was around $1.5 million, but is now pegged at over $4 million. Councilman Chris Anderson, who heads the council's economic development committee, said the assertion brought "stunned looks" ... (click for more)

Beyond Freedom Of Speech - And Response

Yes, most people know about the First Amendment to our Constitution, "The right, guaranteed by the First Amendment to the U.S. Constitution, to express beliefs and ideas without unwarranted government restriction."  I being a "deplorable" draw the line when people block traffic, try to disrupt, and even stop an activity through malice and disregard for others. Case being ... (click for more)

Roy Exum: Want To Protest? Get Paid!

In a troubling time when “false news” is the rage and people ask me – to my face – if anybody from Russia ever approached me personally searching for votes for President-elect Donald Trump, there appears a website that, to cop a phrase, “is too good to be true.” There is a group out of California that allegedly wants to hire “operatives” to protest Friday’s inauguration. Forget ... (click for more)