New Unemployment Numbers Show Increase

WNRR Augusta – (State Press Release)

September unemployment rate rises to 6.5 percent; Thurmond reassures
jobless Georgians

ATLANTA – The Georgia Department of Labor (GDOL) reported today that
the state’s seasonally adjusted unemployment rate rose to 6.5 percent
in September, the highest rate in 16 years. The jobless rate was up
two percentage points from 4.5 percent at this same time last year. The
September unemployment rate was up two-tenths of one percentage point
from 6.3 percent in August.

“Despite the troubling unemployment statistics, I want to reassure
jobless Georgians that the department of labor is committed to helping
them get back to work,” said State Labor Commissioner Michael Thurmond.
“It is critical that job seekers continue to look for work and take
full advantage of our employment services. These services include job
referrals, job search workshops, resume writing assistance, computer
access, and referrals to education and training opportunities.” 

The last time Georgia’s seasonally adjusted unemployment rate reached
this level was in November of 1992 when it was 6.6 percent. The state
rate remained above the national rate of 6.1 percent for the eighth
straight month. The number of jobs decreased 24,800 from August to
September, down in most major industries. At present, 317,490 unemployed
Georgians are looking for work.

Over the last year, the number of payroll jobs decreased 53,200 or 1.3
percent. This is the largest September-to-September decline in jobs
since 64,500 were lost from September of 2001 to September of 2002, the
period following the 911 terrorist attacks. The over-the-year job losses
came across-the-board in manufacturing, construction, trade, and
services.

Georgia labor market data are available at www.dol.state.ga.us.

THE METRO AREAS OF THE STATE AND THEIR JOB LOSSES OR GAINS OVER THE
YEAR ARE ATTACHED. NEWS MEDIA NEEDING ADDITIONAL INFORMATION MAY CALL
(404) 232-3685. TABLES AND GRAPHS REFLECTING LABOR MARKET DATA ARE
AVAILABLE AT http://www.dol.state.ga.us/pr/current_data.htm

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