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Southwest Georgia’s unemployment rate rises to 8.5 percent in October

By   /   November 28, 2013  /   Comments

ATLANTA – The Georgia Department of Labor announced today that the unemployment rate in the Southwest Georgia region increased to 8.5 percent in October, up two-tenths of a percentage point from 8.3 percent in September. The rate was 9.0 percent in October a year ago.

Because of the federal government shutdown, no states were allowed to publish local labor market data for September. During the interim, the rate for Southwest Georgia fell from 8.8 percent in August to 8.3 percent for September.

The rate rose in October primarily for two reasons – an increase in new layoffs and an increase in the number of unemployed residents.

The number of new layoffs, represented by initial claims for unemployment insurance (UI) benefits, increased to 1,619, up by 279, or 20.8 percent, from 1,340 in September. Claims were filed in several sectors, led by manufacturing and construction, trade, transportation and warehousing, along with administrative and support services. There were 1,761 claims in October 2012.

The number of unemployed people in Southwest Georgia increased to 13,494, up by 212 from 13,282 in September. There were 14,742 unemployed in October 2012.

The labor force, which is the number of people employed plus those unemployed but actively looking for work, declined by 1,422 to 158,591 in October from 160,013 in September. The labor force was down by 5,657 from 164,248 in October 2012.

Metro Athens had the lowest area jobless rate at 5.8 percent, while the Heart of Georgia-Altamaha region had the highest at 10.9 percent.

Meanwhile, Georgia’s seasonally adjusted unemployment rate for October was 8.1 percent, down from 8.3 percent in September. The rate was 8.8 percent in October a year ago.

Local area unemployment data are not seasonally adjusted. Georgia labor market data are available at www.dol.state.ga.us

ATLANTA – The Georgia Department of Labor announced today that the unemployment rate in the Southwest Georgia region increased to 8.5 percent in October, up two-tenths of a percentage point from 8.3 percent in September. The rate was 9.0 percent in October a year ago.

Because of the federal government shutdown, no states were allowed to publish local labor market data for September. During the interim, the rate for Southwest Georgia fell from 8.8 percent in August to 8.3 percent for September.

The rate rose in October primarily for two reasons – an increase in new layoffs and an increase in the number of unemployed residents.

The number of new layoffs, represented by initial claims for unemployment insurance (UI) benefits, increased to 1,619, up by 279, or 20.8 percent, from 1,340 in September. Claims were filed in several sectors, led by manufacturing and construction, trade, transportation and warehousing, along with administrative and support services. There were 1,761 claims in October 2012.

The number of unemployed people in Southwest Georgia increased to 13,494, up by 212 from 13,282 in September. There were 14,742 unemployed in October 2012.

The labor force, which is the number of people employed plus those unemployed but actively looking for work, declined by 1,422 to 158,591 in October from 160,013 in September. The labor force was down by 5,657 from 164,248 in October 2012.

Metro Athens had the lowest area jobless rate at 5.8 percent, while the Heart of Georgia-Altamaha region had the highest at 10.9 percent.

Meanwhile, Georgia’s seasonally adjusted unemployment rate for October was 8.1 percent, down from 8.3 percent in September. The rate was 8.8 percent in October a year ago.

Local area unemployment data are not seasonally adjusted. Georgia labor market data are available at www.dol.state.ga.us

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