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Area Unemployment Busts 11%
Thursday, 27 June 2013

June 27-- The Georgia Department of Labor announced today that the unemployment rate in the Heart of Georgia-Altamaha region increased to 11.5 percent in May, up 1.2 percent from 10.3 percent in April. The rate was 10.9 percent in May a year ago.

The rate increased primarily because of an increase in layoffs and the seasonal influx of jobseekers into the labor force, as new graduates began searching for work.

The number of layoffs, represented by initial claims for unemployment insurance benefits, rose by 1,513, or 76.8 percent, to 3,482 in May from 1,969 in April. The increases came mostly in manufacturing, wholesale trade, and construction. Also, the number of initial claims was up over the year by 506, or 17 percent, from 2,976 in May 2012. Most of the over-the-year increase came in manufacturing and wholesale trade.

The number of people entering the labor force, those employed and actively seeking employment, rose by 2,602 to 126,108 in May from 123,506 in April.

Metro Athens had the lowest area jobless rate at 6.2 percent, while the Heart of Georgia-Altamaha region had the highest at 11.5 percent.

Meanwhile, Georgia’s seasonally adjusted unemployment rate for May was 8.3 percent, up from 8.2 percent in April. The rate was 9.1 percent in May a year ago.

 
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