Augusta’s Unemployment Rate Up

WNRR Augusta – (GA Press Release)

Metro Augusta’s unemployment rate rises in May

ATLANTA “ The Georgia Department of Labor reported today that the
unemployment rate in the metro Augusta area rose to a preliminary 5.6
percent in May, up six-tenths of one percent from a revised 5.0 percent in
April.

Meanwhile, the state’s seasonally adjusted unemployment rate jumped
to 5.8 percent in May, up five-tenths of one percent from 5.3 percent in
April.  The unemployment rate increased because layoffs in
manufacturing and other industries pushed the total number of unemployed workers
up from 258,191 in April to 284,816 in May, the highest level ever
recorded in Georgia.

The current adjusted state rate, which is three-tenths of one percent
higher than the U.S. seasonally-adjusted rate of 5.5 percent, continued
to top the national rate for the past four months.  The state rate was
the highest recorded for the month of May since 1993.

Job growth in May failed to keep pace with the number of job seekers
looking for work, contributing to the increase in the state unemployment
rate. Preliminary unadjusted data from April to May show Georgia gained
only 9,400 payroll jobs, an increase of two-tenths of one percent. The
data includes workers who hold more than one job. In metro Augusta,
the number of jobs was down 700, or three-tenths of one percent, from
220,200 to 219,500. 

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

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