STATE UNEMPLOYMENT NUMBERS UP BUT IT’S NOT AS BAD AS YOU MIGHT THINK

ga-dolThe new unemployment numbers were put out by the Georgia Department of Labor Yesterday.

The figures show that Georgia’s unemployment rate went up from 4.9 percent to 5.1 percent.

While it shows the unemployment rate increasing, State labor Commissioner Mark Butler says the news isn’t all bad.

“One of the things that we’ve been seeing in our number this year, one of the drivers that has actually slowed our unemployment rate from going down at a faster pace, has to do with the individuals returning to the workforce. Individuals that were previously not counted. This last month, we almost broke a 25 year record for individuals returning to the workforce as we saw over 25.000 people join the workforce in just this last month.” Said Butler.

Also while the unemployment rate did increase two points, it’s still lower then the unemployment rate from on year ago.

The rate from September 2015 was 5.6 percent.

But the really good news was the increase in the number of available jobs.

Commissioner Butler says the biggest growth was in construction.

“We actually had three sectors that had really strong growth. Construction leading the way over the year with very strong growth there which it has been for most of the year. Business services also had strong growth along with leisure and hospitality.” Butler said.

Butler also said that the number of initial claims for unemployment insurance declined by 2835 or 10.4% to 24,403 in September.

Over the year, claims were down by 2525 or 9.4% from 26,928 in September 2015.

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