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Coastal Unemployment Rate UP
Thursday, 23 July 2009
July 23-- The Georgia Department of Labor (GDOL) reported today that the preliminary unadjusted unemployment rate in the Coastal Georgia area rose to 8.9 percent in June, up nine-tenths of one percentage point from a revised 8.0 percent in May.

Meanwhile, the state’s seasonally adjusted unemployment rate jumped to 10.1 percent in June, the highest rate ever recorded in Georgia. The jobless rate was up five-tenths of a percentage point from a revised 9.6 percent in May.  

Last month, 483,394 unemployed Georgians were looking for work, an increase of 65 percent from June of 2008. Of that number, 160,249, or 33 percent, are receiving state unemployment insurance benefits, while approximately 93,000 are receiving federal extended benefits.  

The June jobless rate was up 4.0 percentage points from 6.1 percent at this same time last year. Georgia’s unemployment rate remained above the national rate of 9.5 percent for the 20th consecutive month.

The number of payroll jobs in June decreased 209,500, or 5.1 percent, from June of 2008. The over-the-year losses came in professional and business services, including temporary employment agencies, manufacturing, trade, transportation and warehousing, and in the construction industry.

On a positive note, healthcare and educational services, showed a combined increase of 12,000 jobs.

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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