Georgia’s Unemployment Rate Declines To 7.0 Percent In March

Thursday, April 17, 2014

The Georgia Department of Labor announced today that Georgia’s seasonally adjusted unemployment rate declined to 7.0 percent in March, the lowest rate since September 2008 when it was 6.8 percent. The rate was 7.1 percent in February and 8.4 percent in March a year ago.

“This is the ninth month in a row that Georgia’s unemployment rate has dropped,” said State Labor Commissioner Mark Butler. “It’s down because we continue to see employers creating more jobs and laying off fewer workers.

We added 27,400 jobs, which is the most February-to-March job growth we’ve seen in 10 years.”

The number of jobs increased to 4,064,200 in March, up 0.7 percent from 4,036,800 in February. Most of the job gains came in leisure and hospitality, 8,400; professional and business services, 6,600; trade, transportation and warehousing, 6,100; manufacturing, 2,400; education and health services, 1,300; government, 900; and construction, 700.

Over the year, the number of jobs increased by 69,000, or a 1.7 percent increase, from 3,995,200 jobs in March 2013. The big job gainers were trade, transportation and warehousing, 22,300; leisure and hospitality, 16,700; professional and business services, 15,500; education and health services, 8,400; construction, 7,400, and manufacturing, 5,100. Government lost 12,500 jobs.

“Construction continues to be our fastest growing sector, with an over-the-year growth rate of 5.2 percent,” said Mr. Butler. “In addition to good job growth, we had the fewest new claims for unemployment insurance that we’ve had in seven years. This means more people are keeping their jobs, which is another sign of a strengthening economy.”

There were 30,814 new claims for unemployment insurance filed in March, a drop of 9,508, or 23.6 percent, from 40,322 in February. This is the fewest claims since February 2007, when 29,738 were filed. Most of the decline in claims came in manufacturing, 4,876; construction, 2,076; and administrative and support services, 1,243. There were 36,983 claims filed in March 2013.

Connect with the Georgia DOL on Facebook, YouTube and Twitter @GeorgiaDOL. You can access all pages via their website at www.employgeorgia.com.



Chattanooga Chamber Calendar Of Events Aug. 21-25

MON/21 Ribbon Cutting for Chicken Salad Chick 10-10:30 a.m. Chicken Salad Chick: 975 E. 3rd St., Ste. 122   TUES/22 YPAC Meetup 7:30-9 a.m. + coffee: 818 Georgia Ave., Ste. 102 Whether you take your coffee hot or cold, you can do it with the best of company.  YP is kicking off a monthly coffee meet-up for YP members only. YP Meet Ups are open to current YPC ... (click for more)

Northwestern Mutual Financial Advisor Anthony D. Bussey Receives National Award

Anthony Bussey, a Northwestern Mutual financial advisor based in Chattanooga, has just received the company’s Financial Security Award. Of more than 7,000 Northwestern Mutual financial professionals, Mr. Bussey ranked 70th nationwide and second in the state of Tennessee for this award. This recognition demonstrates Mr. Bussey's dedication to providing financial ... (click for more)

City Seeks To Be Removed As Trustee Of Confederate Cemetery

Mayor Andy Berke on Friday said he has asked City Attorney Wade Hinton, on behalf of the city of Chattanooga, to file the necessary paperwork "to confirm the city is no longer listed as a trustee of a Confederate Cemetery on East Third Street." Mayor Berke said, “Our action today makes it clear that the city of Chattanooga condemns white supremacy in every way, shape and ... (click for more)

New Superintendent Johnson To Set Up Opportunity Zone For Low Performing Schools

New County School Supt. Dr. Bryan Johnson said he plans to set up an Opportunity Zone for low performing schools. He said in a memo: In our ongoing efforts to improve student achievement I would like to establish an Opportunity Zone that would specifically focus on our Priority schools and schools on the cusp. The initial schools that would receive support through this structure ... (click for more)

Mayor Invites Civil War II

I just received an email from the Mayor stating that he filed paperwork to remove the city of Chattanooga as the trustee for the Confederate Cemetery on Third Street. I understand the Mayor's intent was to distance the city from it's racist past and subsequent hate, but I feel like this is an interesting move without much thought of the consequences. The Mayor prefaced his ... (click for more)

Confronting Racism In Public Education

Like most Americans, we have been bothered by the news in recent days. And as we have struggled to understand the racial issues that continue to confront our nation, we are left to ponder the issue even more within the context of public education.  The vast majority of Americans know that racism is wrong. It is one of the few issues on which almost everyone can agree. We ... (click for more)