Georgia’s unemployment rate declines to 8.5 percent in November
The rate is a full percentage point lower than in November 2011.
The Georgia Department of Labor announced today that Georgia’s seasonally adjusted unemployment rate declined to 8.5 percent in November, down two-tenths of a percentage point from 8.7 percent in October. The rate was 9.5 percent in November a year ago. The Athens area has added 2,400 jobs since November 2011, the report says. “This is the lowest state unemployment rate in nearly four years, since it was 8.5 percent in January 2009,” said State Labor Commissioner Mark Butler, in a press release. “Once again, the rate dropped because of continued job growth and fewer new layoffs.” The number of jobs increased to 3,984,000, up by 9,600, or two-tenths of a percentage point, from 3,974,400 in October. The monthly growth came mostly in trade…
