State’s jobless rate drops to 5.1% in March

[private]Georgia’s unemployment rate declined to 5.1 percent in March, an improvement over February’s 5.3 percent level, the state Department of Labor said.

The national unemployment rate for March was 4.5 percent.

“The rate dropped as we saw more than 19,000 people become employed and Georgia employers continued to create jobs,” Labor Commissioner Mark Butler said.

“While the monthly job growth was stronger than our three-year average for March, our over-the-year job growth of 131,000 is the best for this period since 2000,” Butler said.

The Labor Department reported 9,500 new jobs in March, with gains in construction (4,700 jobs), professional and business services (2,600), trade, transportation and warehousing (1,800), information services (1,400), leisure and hospitality (1,200), financial activities (900)l, and education and health services (600).

There were losses in government (1,800 jobs), other services, such as repair and maintenance, (1,000), and manufacturing (800).

The number of initial claims filed for unemployment insurance benefits, a measure of layoffs, increased by 712 (2.9 percent) to 25,019 in March.

© 2017 by The Georgia Report


Tags: Georgia unemployment rate , Mark Butler