March 2013

Three Rivers’ unemployment rate declines to 9.1 percent

by Staff Reports

The Georgia Department of Labor announced Thursday that the unemployment rate in the Three Rivers region, which includes Coweta County, declined to 9.1 percent in March, down seven-tenths of a percentage point from 9.8 percent in February.

The rate was also 9.8 percent in March a year ago.

The rate declined because the number of unemployed people decreased to 21,384, down by 1,693 from 23,077 in February.

There were fewer new layoffs, which were represented by initial claims for unemployment insurance benefits, according to the labor department.

Claims fell by 578 from 2,499 in February to 1,921 in March. The decreases came mostly in construction, manufacturing, wholesale trade, transportation, and warehousing, along with administrative and support services and accommodations and food services. And, the number of initial claims was down over-the-year by 786 from 2,707 in March 2012.

Metro Athens had the lowest area jobless rate at 5.9 percent, while the Heart of Georgia-Altamaha region had the highest at 10.4 percent.

Meanwhile, Georgia’s seasonally adjusted unemployment rate for March was 8.4 percent, down from 8.6 percent in February. The rate was 9.1 percent in March a year ago.

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


More Business

Business People

Powers named Contractor of the Year Elaine Powers of Powers Heating & Air of Peachtree City was recently named 2015 Contractor of the Y ... Read More


No man is an island

“No man is an Island” wrote John Donne and yet too many firms – in particular those of an engineering persuasion and equa ... Read More


Smallman

Set your prices based on your customers perception of value

Your customers are unlikely to know neither your products cost base nor your profitability. Thus you should not restrict your mark up&rsquo ... Read More


Business Briefs

Harbor Freight Tools opens Harbor Freight has opened in Newnan, at 1485 Hwy. 34 East, in the White Oak Shopping Center. The retailer offers ... Read More


Church hosting ‘Kmart Day’ for employees

Losing a job is rarely easy and for those who have spent decades at one company, the change can be even scarier. The Reverend K.G. Bailey i ... Read More

Poriferous announces Newnan-based implant manufacturing

Last week, Poriferous, LLC announced that their porous polyethylene craniofacial implants are once again manufactured in Newnan. The implant ... Read More