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UNEMPLOYMENT UNCHANGED FROM DECEMBER TO JANUARY

Written by Matt Davis on March 6, 2013. Posted in News/Weather

The Georgia Department of Labor has reported that the state’s seasonally adjusted unemployment rate was unchanged from December to January at 8.7 percent.

There was a loss of 47,700 jobs, mostly seasonal, and an increase in initial claims for unemployment insurance benefits over the month, though the increases were not enough to impact the unemployment rate.

State Labor Commissioner Mark Butler says that the number of jobs lost from December to January was the smallest in Georgia since 1987.

Butler is encouraged by a recent increase in Georgia’s labor force.

The number of jobs increased to 3,956,300 from 3,876,700 in January 2012.  The majority of the over-the-year job growth came in the following sectors: professional and business services, 25,500; leisure and hospitality, 21,300; education and health care, 16,100; trade, transportation and warehousing, 13,000 and manufacturing, 5,800.

In metro Rome, jobs were up by 500, or 1.3 percent, from 37,900 in January 2012 to 38,400 last month.

The number of initial claims for unemployment insurance benefits, as a result of layoffs during the month, increased by 20,669 to 71,530 from 50,861 in December.  The increase in claims came mostly from seasonal layoffs in manufacturing, administrative and support services, construction and retail trade.  However, the number of initial claims was down by 6,226 over the year, dropping from 77,756 in January 2012.  The majority of the over-the-year decline came in manufacturing, retail trade, construction, accommodations and food services, and transportation and warehousing.

In metro Rome, initial UI claims were up by 20, or 1.3 percent, from 1,514 in January 2012 to 1,534 last month.

Georgia’s labor force grew by 15,704, reaching 4,846,362 in January, its highest level since July 2008.  The labor force has grown by 54,127, or 1.1 percent, from 4,792,635 in January 2012.

The number of long-term unemployed workers declined by 3,700 to 191,300 in January, it’s lowest level in 35 months.  The long-term unemployed – those out of work for more than 26 weeks – make up 45.2 percent of unemployed Georgians.

Take a look at Georgia labor market data and learn about job search assistance from the Georgia Department of Labor online at www.dol.state.ga.us.

 

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