State unemployment rate down to 5.1 percent in June

[private]Georgia’s unemployment rate continued to decline in June as it hit the 5.1 percent level, the lowest in more than eight years.

“We haven’t seen unemployment this low in Georgia since the beginning of the Great Recession in December 2007,” Georgia Labor Commissioner Mark Butler said.

The seasonally adjusted unemployment rate was down from 5.3 percent in May and nearly matched the national jobless rate of 4.9 percent, which has been lower than Georgia’s rate for 107 months in a row.

The state’s economy added 11,400 jobs, primarily in the sectors of leisure and hospitality (5,300), professional and business services (4,900), education and health services (2,100), manufacturing (1,700), and government (1,300).

The labor department also reported the loss of 3,000 jobs in the service industry.

The number of initial claims filed for unemployment insurance benefits decreased by 10 percent to 27,295. The decreases were seen in the health care and social assistance, construction, administrative and support services, and accommodations and food services, and trade, transportation and warehousing sectors.

© 2016 by The Georgia Report

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Tags: Georgia unemployment rate , Mark Butler