Unemployment lowest since September 2008 - : Calhoun Times

default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

Unemployment lowest since September 2008

Print
Font Size:
Default font size
Larger font size

Posted: Sunday, March 30, 2014 12:00 am | Updated: 5:17 pm, Wed May 7, 2014.

The Georgia Department of Labor announced Thursday that the unemployment rate in Gordon County dropped below eight percent.

According to the labor department, the last time unemployment matched or was less 7.8 percent was in September 2008 when the rate was 7.5 percent.

According to reports from GDOL:

Gordon County’s unemployment rate dropped four-tenths percent to 7.8 in February from 8.2 in January. The rate was 9.8 percent in February 2013.

The number of layoffs, represented by new claims for unemployment insurance benefits, decreased from 852 in January to 772 in February.

The major increase in jobs in the area was service-producing jobs, which picked up 200 jobs in February.

The labor force, which is the number of people employed plus those unemployed but actively looking for work, decreased to 25,383 in February from 25,411 in January. The labor force in February of 2013 was 26,003.

Based on regional commissions, Northwest Georgia Regional Commission, which is the commission Gordon County is a part of, had the fifth lowest unemployment rate in the state at 7.3 percent.

Within the 15 counties covered by Northwest Georgia Regional Commission, Gordon County has the eighth lowest unemployment rate. The highest was Murray County with 10.4 percent, and the lowest was Catoosa County with 5.5 percent.

Statewide, Oconee County has the lowest unemployment rate at 4 percent. The highest unemployment rate is Hancock County at 14.8 percent.

In Georgia, 18 percent of counties have unemployment rates of 10 percent or higher. Sixteen percent of counties are between 9 and 9.9 percent, 16 percent are between 8 and 8.9 percent. Half the counties in Georgia are below 8 percent.

Georgia’s seasonally adjusted unemployment rate for February was 7.1 percent, down from 7.3 percent in January. The rate was 8.5 percent in February a year ago.

The seasonally adjusted, excludes season variables, national unemployment rate increased to 6.7 percent in February, up from 6.6 in January. The February unemployment rate not adjusted for seasonal variables is 7.0 percent.

Follow us on Facebook