First-time claims for unemployment down in August
September 14, 2017--6:34 a.m.
GEORGIA DEPARTMENT OF LABOR
In Floyd County, there were 325 initial claims filed in August, down from 732 in July, a 56% decrease. First-time claims are also down by 23% percent over the year.
First-time claims for unemployment insurance also decreased in Gordon County last month.
The Georgia Department of Labor says there were 169 initial claims filed in August, down from 203 in July. There were also 169 in August of 2016.
Bartow County saw a decrease from 339 in July to 208 last month.
Polk County saw 120 fewer first-time claims over the month.
Claims were actually up slightly in Chattooga County.
State Labor Commissioner Mark Butler said today that Georgia set a record in August for total jobs, surpassing 4.5 million for the first time.
Other key indicators like new unemployment claims, increasing workforce and the total number of employed residents showed Georgia’s economy continues to be strong, Butler said.
“The August numbers show Georgia’s economy and the outlook for employment remain healthy,” said Butler. “This is a great time to live, work and invest in Georgia.”
The August unemployment rate was unchanged from July at 4.7 percent. That compares favorably to last August when the rate was 5.3 percent.
From July to August, Georgia gained 19,800 jobs, a 0.4 percent rise, which increased the total number of jobs to 4,510,200. Since August 2016, Georgia has gained 116,500 jobs, a 2.7 percent growth rate. The state is outpacing the national job growth rate of 1.4 percent.
The top monthly job growth came in professional/business services, government, and manufacturing. Seasonal job losses came in leisure and hospitality, 2,000.
The total number of employed residents rose by 9,910 to 4,811,281 from July to August.
There are 141,592 more Georgians employed now than in August 2016.
“Georgia continues to be one of the leaders in job creation and employment,” Butler said. “It's great to see our employers continue to create jobs. But it's even better to see more Georgians going back to work.”
Georgia’s year-over-year job growth came mostly in professional/business services, leisure and hospitality, and trade, transportation, and warehousing. Construction lost 1,500 jobs.
At the same time, unemployment claims were down by 4,622, or 16.3 percent, to 23,803 – another good sign for Georgia’s economy. Manufacturing had the most claims last month. But August saw 3,500 fewer claims filed in that sector.
Over the year, unemployment claims were down by 3,435, or 12.6 percent, from 27,238 in August 2016