Business

November 23, 2012

Area jobless rate climbs to 11.3 percent

The Georgia Department of Labor announced today that the preliminary unemployment rate in Metro Dalton rose to 11.3 percent in October, up two-tenths of a percentage point from 11.1 percent in September. The rate was 12.9 percent in October 2011.

The rate increased because there were 123 more layoffs in manufacturing, construction, trade, finance and insurance, administrative and support services, healthcare and social assistance, and accommodations and food services.

Metro Athens continued to have the lowest area jobless rate at 6.2 percent, while metro Dalton had the highest at 11.3 percent.

Meanwhile, Georgia’s seasonally adjusted unemployment rate declined to 8.7 percent in October, down three-tenths of a percentage point from 9 percent in September. The jobless rate was 9.7 percent in October a year ago.

Statewide, there were 3,971,700 jobs in October, up 36,000, or nine-tenths of a percentage point, from 3,935,700 in September. Over the year, Georgia gained 68,000 jobs, or 1.7 percent, from 3,903,700 in October 2011.

Local area unemployment data are not seasonally adjusted. Georgia labor market data are available at www.dol.state.ga.us.

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