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 Local

Plant Yates to shut down coal units by mid-April

Georgia Power Plant Yates will officially stop burning coal no later than April 15. Units 1-5 have already stopped being used for “nor ... Read More


Grey Matters dinner filled with insight, laughter

The Grey Matters dinner event, held at The Newnan Centre on Friday, brought a unique perspective to those in attendance. Cowetans were given ... Read More


major bills still in play

Legislative session almost over

The 2015 Georgia General Assembly session is almost over. There are two more “legislative days” in the session: Tuesday and Thur ... Read More


NTH Turns 150

Family of editor Cates visits first lady

Adolphus Boardman Cates, who published The Newnan Herald for six years in the late 1800s, was a man with many business interests. In additio ... Read More


Locals preview PBS cancer miniseries

Last week, board members of Lights for Linda Luminarias visited the Atlanta Chapter of the Leukemia and Lymphoma Society to preview a summar ... Read More

West Coweta home damaged by fire

No injuries were reported after authorities responded to a West Coweta house fire on Saturday evening. About 7:00 p.m., the Coweta County Fi ... Read More