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Georgia’s jobless rate rises to 10.2 percent

 

ATLANTA – State Labor Commissioner Mark Butler said today that Georgia’s seasonally adjusted unemployment rate rose to 10.2 percent in August, its highest level in six months. The August rate was up one-tenth of a percentage point from 10.1 percent in July. The state’s jobless rate was also 10.2 percent in August a year ago.

The August unemployment rate increased slightly because about 5,500 new job seekers, as well as more of those already unemployed, were unable to find work.

The number of jobs in Georgia increased 7,300 in August to 3,801,000, or two tenths of a percentage point. Most of the gain was among seasonal workers in the public school systems who returned to work after being laid-off for the summer. Also, some job increases occurred in professional and business services, education and health care, and construction.

“I’m encouraged that we’re seeing an increase in manufacturing, which is very important to the health of our state’s economy,” said Butler. “Despite a drop in the number of manufacturing jobs from July to August, Georgia has gained 2,400 manufacturing jobs in the last twelve months.”

While Georgia had a net increase in jobs, there was a decrease in jobs in the leisure and hospitality industry, especially in accommodations and food services, as well as in wholesale and retail trade.

The number of long-term unemployed workers increased by 3,000 to 254,100. The number of long-term unemployed is 15.5 percent higher than in August of last year. The long-term unemployed account for 52.7 percent of Georgia’s 482,321 jobless workers.

Also, first-time claims for unemployment insurance (UI) benefits in August decreased to 56,476, down 5,094, or 8.3 percent, from 61,570 in July. Most of the first-time claims were filed in manufacturing, administrative and support services, trade, and construction. There was an over-the-year decrease of 13,788 initial claims, or 19.6 percent, from 70,264 filed in August of last year.

August marked the 49th consecutive month Georgia has exceeded the national unemployment rate, which is currently 9.1 percent, unchanged from July.

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