The Georgia Department of Labor announced today that metro
Athens’ unemployment rate decreased to 6.1 percent in August, down
eight-tenths of a percentage point from 6.9 percent in July. The rate
was 6.8 percent in August a year ago.
The rate dropped because there was a significant reduction in layoffs and an increase in the number of jobs.
There were 516 new layoffs, represented by initial claims for
unemployment insurance, which are 208, or 28.7 percent, fewer than the
724 in July. Much of the decline came in manufacturing, with additional
reductions in administrative and support services, accommodations and
food services, and health care and social assistance.
Over-the-year, the number of initial claims was down by 157, or 23.3
percent, from 673 in August 2012. Reductions were mostly in educational
services, manufacturing, construction, trade, professional and technical
services, and health care and social assistance.
There were 88,700 jobs in metro Athens in August, up by 500, or
six-tenths of a percentage point, from 88,200 in July. The increase came
in local government and trade.
Metro Athens gained 1,200 jobs, or 1.4 percent, since August 2012 when
there were 87,500. The gains came in professional and business services,
leisure and hospitality, and state and local government.
The labor force, which is the number of people employed plus those
unemployed but actively looking for work, declined by 1,491 to 112,037
in August, down from 113,528 in July. And, it was also down by 708 from
112,745 in August 2012.
Metro Athens had the lowest area jobless rate at 6.1 percent, while the
Heart of Georgia-Altamaha region had the highest at 11.9 percent.
Meanwhile, Georgia’s seasonally adjusted unemployment rate for August
was 8.7 percent, down from 8.8 percent in July. The rate was 9.0 percent
in August a year ago.
Local area unemployment data are not seasonally adjusted. Georgia labor market data are available at www.dol.state.ga.us