Georgia Labor Commissioner Bruce Thompson said Thursday that all of Georgia’s Regional Commissions reported a drop in September unemployment rates.
“Georgia reigns as the ultimate destination for business and economic opportunity,” said Labor Commissioner Bruce Thompson. “However, with recent workforce reductions at Geico, Yellow Freight, and other companies throughout the state, we need to be cognizant of the financial pressures creating some instability within our existing business community. In today’s ever-shifting global market, we must remain vigilant and lead with innovation.”
The labor force rose in all areas, except the Coastal Georgia Regional Commission.
Please see a synopsis of each regional commission below:
- The unemployment rate was down three-tenths to 3.4 percent over-the-month, the rate was 2.7 percent one year ago.
- The labor force was up 19,763 over-the-month and up 79,336 over-the-year, to 2,703,502, an all-time high.
- The number of employed was up 26,798 over-the-month and up 57,673 over-the-year, to 2,610,428, an all-time high.
- Initial claims were down 2,858 (-23%) over-the-month and up 1,099 (13%) over-the-year, to 9,766.
- The unemployment rate was down three-tenths to 4.4 percent over-the-month, the rate was 3.6 percent one year ago.
- The labor force was up 1,273 over-the-month and up 2,481 over-the-year, to 208,632.
- The number of employed was up 2,039 over-the-month and up 782 over-the-year, to 199,554.
- Initial claims were down 416 (-32%) over-the-month and down 134 (-13%) over-the-year, to 919.
Coastal Georgia
- The unemployment rate was down five-tenths to 3.2 percent over-the-month, the rate was 2.8 percent one year ago.
- The labor force was down 431 over-the-month and up 8,803 over-the-year, to 351,399.
- The number of employed was up 1,369 over-the-month and up 7,188 over-the-year, to 340,311, an all-time high.
- Initial claims were down 209 (-16%) over-the-month…
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