Coweta unemployment 6.5 percent
Coweta unemployment 6.5 percent Coweta’s unemployment stood at 6.5 percent for February, according to the latest figures released by the Georgia Department of Labor Thursday.
Unemployment in the Three Rivers region decreased to 7.9 percent in February, down two-tenths of a percentage point from 8.1 percent in January. The rate was 10 percent in February a year ago.
Coweta’s rate is down from 6.8 percent in January, and down from the 8.1 percent recorded for February 2013. The labor department lists Coweta’s labor force at 63,521 with 59,391 employed and 4,130 unemployed.
Unemployment percentage rates for other counties in the Three Rivers Region for February were: Carroll, 8.2; Heard, 7.4; Troup, 7.7; Meriwether, 10.5; Spalding, 8.9; Pike, 7.7; Upson, 9.6; Lamar, 8.2; Butts, 7.8.
The Three Rivers rate declined because there were 1,609, or 35.2 percent, fewer new layoffs, represented by initial claims for unemployment insurance. There were 2,966 new claims filed in February, down from 4,575 in January. Most of the decline in claims came in manufacturing, trade, transportation, and warehousing, administrative and support services, and accommodations and food services. There were 2,499 claims in February 2013.
Metro Athens had the lowest area jobless rate at 5.1 percent, while the Heart of Georgia-Altamaha region had the highest at 9.7 percent.
Meanwhile, Georgia’s seasonally adjusted unemployment rate for February was 7.1 percent, down from 7.3 percent in January.
The rate was 8.5 percent in February a year ago.
Local area unemployment data are not seasonally adjusted.
Georgia labor market data are available at www.employgeorgia.com .