Thursday, July 17 2014, 05:03 PM EDT
Georgia’s Unemployment Rate Rises, Still Down from 2013
The Georgia Department of Labor announced Thursday that the state's unemployment rate for June was 7.4 percent, up two-tenths of a percentage point from 7.2 percent in May. The rate in June of last year was 8.4 percent.
“Although the rate increased, it’s because of seasonal factors, such as the summer job loss among non-contract school workers and temporary layoffs, primarily in manufacturing,” said State Labor Commissioner Mark Butler. “We also saw our labor force increase for the sixth month in a row.”
“But, the really good news is that Georgia employers have created 81,100 jobs since last June,” Butler continued, “which is the largest June-to-June job growth since 2006.”
The job gainers were in professional and business services, 27,100; trade, transportation and warehousing, 20,400; leisure and hospitality, 18,600; manufacturing, 6,900; construction, 6,400; education and health services, 4,000; information services, 1,900; and financial services, 1,700. Government lost 5,700 jobs.
Virtually all of the loss came in public and private educational services, along with social assistance, which includes pre-school and daycare centers. For the past three years, the state has lost an average of 18,000 seasonal jobs from May to June.
There were 37,917 new claims for unemployment insurance filed in June, an increase of 4,726, or 14.2 percent, from 33,191 in May. Of the increase, 3,376 claims were in manufacturing.
However, over the year, initial claims were down by 4.7 percent. There were 1,860 fewer claims filed than the 39,777 in June 2013. Most of the decline over the year came in educational services, construction, accommodations and food services, and trade, transportation and warehousing.