Metro Dalton’s Unemployment Rate Declines To 8.2 Percent In April

Thursday, May 22, 2014

The Georgia Department of Labor announced that Metro Dalton’s unemployment rate decreased to 8.2 percent in April, down four-tenths of a percentage point from 8.6 percent in March. The rate was 10.3 percent in April a year ago.

The rate declined because Metro Dalton employers created more jobs and laid off fewer workers.

The number of jobs increased to 63,800 in April, up by 400, or 0.6 percent, from 63,400 in March. Most of the job gains came in professional and business services, wholesale and retail trade, and textile manufacturing.

Over the year, the number of jobs increased by 600, or 1.0 percent, from 63,200 jobs in April 2013. The big job gainers were retail trade, textile manufacturing, and local government.

Also, there were 934 new claims for unemployment insurance filed in April, a drop of 62, or 6.2 percent, from 996 in March. Most of the decline in claims came in manufacturing. There were 1,439 claims filed in April 2013.

Metro Athens had the lowest area jobless rate at 4.9 percent, while the Heart of Georgia-Altamaha region had the highest at 8.8 percent.

Meanwhile, Georgia’s seasonally adjusted unemployment rate for April was 7.0 percent, unchanged from March. The rate was 8.3 percent in April a year ago.

Local area unemployment data are not seasonally adjusted. Georgia labor market data are available at www.employgeorgia.com


Pinnacle Announces Completion Of Merger With CapitalMark

Pinnacle Financial Partners, Inc. Monday announced that on Friday it completed its previously announced merger with CapitalMark Bank & Trust.  The acquisition, which was first announced on April 7 was concluded following the receipt of shareholder approval from CapitalMark’s shareholders and receipt of all required regulatory approvals. Based on financial information ... (click for more)

Chattanooga Weekly Fuel Update And Outlook

Average retail gasoline prices in Chattanooga have fallen 6.3 cents per gallon in the past week, averaging $2.24/g yesterday, according to GasBuddy's daily survey of 170 gas outlets in Chattanooga. This compares with the national average that has fallen 5.5 cents per gallon in the last week to $2.65/g, according to gasoline price website GasBuddy.com. Including the change in ... (click for more)

$40 Million Traffic Improvement Set To Connect Hamilton Place More Directly With I-75 And Ease Congestion On Shallowford Road

The city, state and CBL & Associates are cooperating on a $40 million plan to make the Hamilton Place section more accessible to Interstate 75. The upcoming project will provide a direct connection for southbound I-75 traffic with Hamilton Place Boulevard. The project will also provide a new connection for those on Hamilton Place Boulevard to enter I-75 northbound. ... (click for more)

Report Says Truck Driver Who Caused Wreck That Killed 6 People At Ooltewah Exceeded Allowable Driving Hours

A preliminary report from the National Transportation Safety Board on a June 25 wreck at the Ooltewah exit that killed six people says the driver of the truck that caused the multiple-vehicle wreck "had exceeded the Federal Motor Carrier Safety Regulation hours-of-service when the crash occurred." It says Benjamin Brewer began his return trip to London, Ky., from Florida at 4:30 ... (click for more)

Why Is The City Diverting Federal Transportation Funds From Real Need?

The city of Chattanooga and CBL, owner of Hamilton Place Mall, would have the mass of taxpayers believe that improving mall access from the interstate is not impacting us financially.   Namely, CBL has committed to fund the city’s match of $8 million, so they will receive $32 million in Federal Transportation Funds that are allocated annually to local jurisdictions through ... (click for more)

Roy Exum: A Hero Is Coming Home

In late September, a very special funeral will be held in Bearden, Tenn., when 1 st Lt. Alexander “Sandy” Bonnyman Jr., will finally come home to lie in peace with his family. Sandy’s been dead for 72 years now, ever since he was killed in combat on the Tarawa Atoll in the Gilbert Islands on Nov. 22, 1943. He and a number of other Marine heroes were buried back then in a shallow ... (click for more)