NW Ge­or­gia’s un­em­ploy­ment rate rises to 5.8%

The Catoosa County News - - COMMENTARY -

The un­em­ploy­ment rate in the North­west Ge­or­gia re­gion in Jan­uary was 5.8 per­cent, up six-tenths of a per­cent­age point from 5.2 per­cent in De­cem­ber. In Jan­uary 2016, the rate was 5.7 per­cent.

The rate rose as the la­bor force grew and the num­ber of new lay­offs in­creased.

The la­bor force, which con­sists of em­ployed res­i­dents and those who are un­em­ployed, but ac­tively look­ing for jobs, grew by 1,632 to 411,608. The num­ber of un­em­ployed res­i­dents rose by 2,726 to 23,887, while the num­ber of em­ployed res­i­dents de­creased by 1,094 to 387,721. Over the year, the num­ber of peo­ple in the la­bor force in­creased by 10,259, as the num­ber of em­ployed grew by 9,236 and the num­ber of un­em­ployed in­creased by 1,023.

The num­ber of ini­tial claims for un­em­ploy­ment in­surance, a mea­sure of new lay­offs, rose by 5,801, or 151.7 per­cent, to 9.624. Most of the in­crease came in man­u­fac­tur­ing and ad­min­is­tra­tive and sup­port ser­vices. How­ever, over the year, claims were down by 656, or 6.4 per­cent, from 10,280 in Jan­uary 2016.

Metro Gainesville and the Ge­or­gia Moun­tains re­gion had the low­est area job­less rate at 4.8 per­cent, while the Three Rivers re­gion had the high­est at 7.4 per­cent.

Mean­while, Ge­or­gia’s sea­son­ally-ad­justed un­em­ploy­ment rate for Jan­uary was 5.5 per­cent, un­changed from a re­vised 5.5 per­cent in De­cem­ber. It was 5.6 per­cent in Jan­uary 2016.

Job seek­ers and em­ploy­ers are en­cour­aged to use the GDOL’s on­line job list­ing ser­vice em­ploy­ge­or­gia.com to search for jobs or re­cruit new em­ploy­ers. In Jan­uary, 2,692 new job open­ings in the North­west Ge­or­gia re­gion were posted on Em­ploy Ge­or­gia. Through­out the state, 64,018 new job open­ings were posted.

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