State’s jobless rate ticks back up in September

[private]After five months of declines, Georgia’s unemployment rate edged back up to 5.1 percent in September, a slight increase over the August rate of 4.9 percent.

State Labor Commissioner Mark Butler attributed the uptick to a significant increase in the number of people returning to the labor pool and looking for work.

“In September, we had the largest increase in our labor force we’ve seen in nearly a quarter of a century,” Butler said. “While having 25,737 Georgians begin looking for work in the same month caused a slight increase in the unemployment rate, it’s really good news because almost three-quarters of them landed a job right away.”

Jobs increased by 18,100 (0.4 percent) to 4,403,400, with gains in professional and business services (7,300), government (3,400), leisure and hospitality (2,900), financial activities and other services (1,500 each) and construction (1,300), the labor department said.

There were also job losses of 800 in education and health services, and 100 in trade, transportation and warehousing.

The number of initial claims filed for unemployment insurance benefits decreased by 2,835 (10.4 percent) to 24,403 in September.

Georgia’s jobless rate was slightly higher than the national unemployment rate of 5.0 percent for September.

© 2016 by The Georgia Report

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Tags: Georgia unemployment , Mark Butler