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


SmartFinancial And Cornerstone Bancshares Announce Merger Completion

SmartFinancial, Inc., parent company of SmartBank, and Cornerstone Bancshares, Inc., parent company of Cornerstone Community Bank, announced the closing of the merger of their two holding companies, with the combined company to carry the name of “SmartFinancial, Inc.”   The company also intends to change the trading symbol of its common stock to “SMBK” (OTCBB: SMBK) from ... (click for more)

Chattanooga Ranks 3rd In South And 51st Overall On 11th Annual “Allstate America’s Best Drivers Report”

Allstate Insurance Company released its 11th annual “Allstate America’s Best Drivers Report”. Chattanooga ranked 51st out of America’s 200 largest cities and third in the Southern Region (defined as Tennessee, Kentucky, Mississippi, Arkansas and Louisiana) in terms of car collision frequency. According to the report, the average driver in Chattanooga will experience an auto collision ... (click for more)

Hutcheson Medical Center May Get Bankruptcy Trustee Who Would Focus On Sale Of Fort Oglethorpe Hospital

Hutcheson Medical Center may be headed for appointment of a bankruptcy trustee, who would focus on the sale of the financially-strapped Fort Oglethorpe hospital. An attorney told a bankruptcy court judge in Rome, Ga., on Wednesday afternoon that a buyer is discussing paying over $20 million for all the assets of the community hospital. Attorney Rob Williamson ... (click for more)

Hutcheson Medical Center Unsecured Creditors Committee Asks Trustee Be Appointed For Fort Oglethorpe Hospital; Asks Bankruptcy Not Be Dismissed

The Unsecured Creditors Committee of Hutcheson Medical Center is opposing a motion by U.S. Trustee Guy Gebhardt for a bankruptcy judge to dismiss the bankruptcy for the financially-ailing Fort Oglethorpe hospital.   Instead, the group is asking Judge Paul Bonapfel to appoint a trustee to oversee the Hutcheson finances. In a 16-page motion, the committee said if the bankruptcy ... (click for more)

Who's Responsible For East Ridge's Stadium? - And Response

There just can be no excuse for East Ridge High School's stadium being in such dangerous condition that it has been condemned.   Where is responsible for this? I know there are a few other stadiums like this as well. And there is no excuse for this.  Building new and beautiful schools, state of the art technology. Top athletic facilities as well. Yet, East Ridge ... (click for more)

Roy Exum: The Barners Trounce Who?

There is a website known as Grammarly that just completed a profound study. An automated proof-reading company (who I hope never finds out about me) collected 100 comments that each included over 50 words from the comment blogs of the nation’s preseason Top 25 college football teams. Then they fed them into the company’s huge algorithm computer and checked each fan base for punctuation, ... (click for more)