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GDOL: State Jobless Rate Drops for 7th Straight Month

Georgia's unemployment rate decreased to 7.3 percent in January, but still trails the national rate of 6.6 percent.

Georgia's unemployment rate decreased to 7.3 percent in January, but still trails the nation rate of 6.6 percent. Credit: Patch file
Georgia's unemployment rate decreased to 7.3 percent in January, but still trails the nation rate of 6.6 percent. Credit: Patch file

The Georgia Department of Labor (GDOL) announced Thursday that the state's seasonally adjusted unemployment rate decreased to 7.3 percent in January, down one-tenth of a percentage point from 7.4 percent in December.

The rate was 8.6 percent in January a year ago. The state’s jobless rate still trails the national rate, currently at 6.6 percent.

State Labor Commissioner Mark Butler said the drop was due in-part because employers laid off fewer workers than they normally do after the Christmas holiday season.

“The rate fell because 15,928 more Georgians were employed and the number of new layoffs for January fell to the lowest level in eight years,” Butler said in a news release.

There were 58,091 new claims for unemployment insurance, a drop of 7,798, or 11.8 percent, from December. This is the smallest number of claims in January since 2006, when 53,680 claims were filed.

Most of the decline in claims came in manufacturing, accommodations and food services, construction, and administrative and support services. There were 71,530 claims in January 2013.

The number of jobs decreased to 4,032,000 in January, down by 56,200, or 1.4 percent, from 4,088,200 in December. However, the loss is significantly fewer that the 76,300 average January job loss for the last five years.

The losses came across-the-board in trade, transportation, and warehousing, 19,000; professional and business services, 12,800; government, 5,900; leisure and hospitality, 5,500; construction, 4,100; education and health care, 3,500; financial services, 2,600; and manufacturing, 2,100.

“While we had the traditional December to January job loss, Georgia actually had 80,800 more jobs than in January a year ago, which is a strong gain,” said Butler.  “And, our employers are adding jobs in several important industries.”

There were 3,951,200 jobs in January 2013, and over-the-year, most job sectors showed gains. Most of the increases came in trade, transportation and warehousing, 25,200; leisure and hospitality, 20,400; professional and business services, 16,600; education and health care, 9,500; construction, 6,900; and financial services, 4,900.

Government lost 9,600 jobs.

For more information from GDOL, see here: www.employgeorgia.com.
Harry Ball March 07, 2014 at 12:13 PM
Here is our debt information straight from a White House website. See Table 7.1—Federal Debt at the End of Year: 1940–2018 at http://www.whitehouse.gov/omb/budget/historicals Debt at the end of 2008 was $9,986,082,000,000 which was 69.7% of our GDP. For 2014 Dear Leader has estimated debt at $18,246,850,000,000 which is 107.3% of our GDP.
jMichael March 07, 2014 at 12:49 PM
Harry. 1) At Jon's urging we are addressing Debt, not Deficit. I graciously accepted that focus. 2) As regards the Debt, follow the "S" shaped curve, Harry. Follow the "S" shaped curve and note its inflection point. And please, Harry. Let us not play games here. It is the Bush tax cuts, the War on Terror, the preposterous Iraq War and its mismanagement, and the utterly mismanaged war in Afghanistan, which ran up the National Debt. These were all Bush-conceived Bush-initiated Bush-driven follies. So cut the NancyDidIt silliness. None but the FOX-fed DittoHeads savor that particular flatulence.
Jon Doe March 07, 2014 at 01:26 PM
JMichael, your points may be taken a little more seriously and you may find people more willing to debate if you ditched the name calling. "DittoHeads", "ChristoClowns", etc.
Harry Ball March 07, 2014 at 01:50 PM
From Merriam-Webster debt noun \ˈdet\ : an amount of money that you owe to a person, bank, company, etc. : the state of owing money to someone or something : the fact that you have been influenced or helped by someone or something The White House website proves that debt has DOUBLED under Obama and the Democrats watch. The Democrats controlled Senate and the House of Reps on January 3rd, 2007 so quit trying to blame Bush.
jMichael March 07, 2014 at 02:04 PM
Well, Jon. It is my understanding that "DittoHeads" is what Rush's followers call themselves. I think I am correct here. [ ] As regards "ChristoClowns" .. there is no more apt expression for the Bachmannites of the GOP. They are a clownish embarrassment to Christianity, to the GOP, and to this Nation. I surely would not regard them as "Christian, nor would anyone else who walks the Path of Jesus. They merit no greater regard than did the Scribes and Pharisees [Matthew 23:...] "ChristoClowns" it is. And if the GOP manages to get its act together, these Preposterous Pretenders will be sent packing before they drag the party into a ditch too deep. 2014/2016 will tell the tale. [ ] i'll give you (and Harry) the last words. Thanks for your engagement with me. jMichael

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