Metro jobless rate at 8% in August
9/27/2013, 6 a.m.
Metro Atlanta’s jobless rate dropped to 8 percent in August because of a significant reduction in layoffs and an increase in the number of jobs.
The Georgia Department of Labor said Sept. 26 that the August rate was down six-tenths of a percentage point from 8.6 percent in July. A year ago, the rate was 8.9 percent.
There were 17,563 new layoffs, represented by initial claims for unemployment insurance benefits, which were 6,137, or 25.9 percent, fewer than in July. Much of the decline came in manufacturing with additional reductions in construction, administrative and support services, trade, accommodations and food services, and health care and social assistance.
Over the year, the number of initial claims was down by 5,433, or 23.6 percent, from 22,996 in August 2012. Reductions were mostly in administrative and support services, construction, manufacturing, trade, accommodations and food services, and health care and social assistance.
There were 2,415,900 jobs in metro Atlanta in August, up by 2,800 from July. Education and health services added 4,500 jobs, led primarily by gains in social assistance, while government added 4,400, as non-contract education workers returned to the public schools after the summer vacation. However, the gains were offset somewhat by the loss of 3,000 private-sector jobs, mostly in professional and business services.
Since August 2012, metro Atlanta has gained 57,100 jobs.
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