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Metro Albany’s jobless rate rises to 10.5 percent in July

By   /   August 23, 2012  /   Comments Off

Staff Reports

Atlanta, Ga.  – The Georgia Department of Labor announced today that the preliminary unemployment rate in metro Albany rose to 10.5 percent in July, up two-tenths of a percentage point from 10.3 percent in June. The rate was 10.9 percent in July 2011.

The rate increased because the labor grew by 90 new job seekers, which, when coupled with some job loss, pushed the number of unemployed up 206 to 7,839.

Metro Athens had the lowest area jobless rate at 7.4 percent, while metro Dalton had the highest at 12.5 percent. Athens has had the lowest area rate, or tied for the lowest, each month since December 2009. Dalton has had the highest area rate since August 2011.

Meanwhile, Georgia’s seasonally adjusted unemployment rate increased to 9.3 percent in July, up three-tenths of a percentage point from 9.0 percent in June. The jobless rate was 10 percent in July a year ago.

The number of jobs in the state dropped by 17,900, or five-tenths of a percentage point, from 3,931,900 in June to 3,914,000 in July. There were 20,600 jobs lost among seasonal workers in the local public schools, but some of that loss was offset because the private sector added 5,600 jobs.

In metro Albany, jobs decreased to 59,300, down by 900 from June, but up by 300 from 59,000 in July 2011.

The news hits just after city manager James Taylor unveiled the city’s five year plan, which will decrease the number of jobs in Albany by an additional 60, though Taylor has indicated that he hopes to avoid outright layoffs.  Some observers believe that the plan, while decreasing government jobs, may help lure additional jobs to Albany and actually decrease unemployment.

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About the author

Owner / Editor / Writer

Tom Knighton is the publisher of The Albany Journal. In November, 2011, he became the first blogger to take over a newspaper anywhere in the world. In August of 2012, he made the difficult decision to take the Journal out of print circulation and become an online news agency, a first for the Albany area.

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