Georgia's unemployment 8.6 percent in December

From Staff Reports
news@newnan.com
Georgia’s seasonally adjusted unemployment rate increased to 8.6 percent in December, up one-tenth of a percentage point from 8.5 percent in November, the Georgia Department of Labor announced Thursday.
The rate was 9.4 percent in December a year ago.
“The unemployment rate ticked up slightly because of a combination of factors,” said State Labor Commissioner Mark Butler. “We had a modest increase in new layoffs, along with a small job loss driven primarily by seasonal layoffs in education. Basically, the December numbers are flat, but even so, this is the best November to December job market report since 2007.
“The most important thing to remember from this report is that our unemployment rate is much lower, the pace of new layoffs slower, and the number of jobs significantly larger than a year ago,” Butler continued. “Our economy has definitely improved in the past year.”
While the number of jobs decreased by 400 to 3,985,800 in December, it rose by 70,200, or 1.8 percent, from 3,915,600 in December 2011. Most of the over-the-year job growth came in professional and business services, 26,000; trade, transportation, and warehousing, 17,300; education and health care, 12,700; leisure and hospitality, 12,100; and manufacturing 11,800.

“In December, there were 362,800 manufacturing jobs in Georgia, which is the most since April 2009,” said Gov. Nathan Deal. “More than 15,000 of those jobs have been created since December 2010. After years of decline, the growth we’ve had over the past two years indicates that Georgia’s manufacturing base is alive and beginning to thrive again. This is a great step closer to making Georgia the No. 1 place in the country to do business.”

The number of initial claims for unemployment insurance benefits increased to 50,861, up by 3,510, or 7.4 percent, from 47,351 in November.



More Business

Ask the Boss

Alexis Shepherd, Realtor with Keller Williams

How long have you been in real estate and how did you get started? I have been in the business for 3 years. My mother has been in the busin ... Read More


Business People

Ward receives CFSP designation Linette Ward, co-owner of Roscoe Jenkins Funeral Home, Inc. recently earned the Certified Funeral Service Pr ... Read More


Business Briefs

Multi-tenant state-of-the art Beauty Salon coming to Newnan A San Antonio-based salon franchise, Salons by JC, will be opening in late Octo ... Read More


UGA faculty gets a blockbuster tour of Senoia

Last Wednesday, about 40 new University of Georgia faculty members came to Senoia as part of their a four day tour of the state. Their focus ... Read More


Business Briefs

Kolbenschlag named Certified Professional Photographer Lori Kolbenschlag of Legacy Portraits in Senoia has earned the Certified Professiona ... Read More

Chamber Announces 2015 Small Business of the Year Awards Finalists

The Newnan-Coweta Chamber has named its Top 10 Finalists and the four Honorable Mention Award Winners for the 2015 Small Business of the Yea ... Read More