Metro Atlanta’s unemployment rate fell to 9.7 percent in October, from 9.9 percent in September, the state labor department said Wednesday.
There has been noticeable progress from a year ago, when the jobless rate stood at 10.3 percent.
The number of unemployed workers in the metro area decreased in October to 254,874 — down 7,397 from September, the labor department said.
And the number of payroll jobs increased by 12,500 from September to October. A total of 2,274,400 workers were employed in metro Atlanta last month.
Still, the situation remains troubling. A total of 26,746 laid-off workers in metro Atlanta filed initial claims for unemployment insurance benefits in October. That represented an increase of three-tenths of a percentage point from September. Most of the first-time claims were filed in manufacturing, wholesale and retail trade, administrative and support services, and construction.
Last week, the labor department said the state’s seasonally unemployment rate was unchanged at 9.9 percent from September to October. It was the 37th consecutive month Georgia has exceeded the national unemployment rate, which is currently 9.6 percent.
The number of payroll jobs statewide increased six-tenths of a percentage point from September to October. Most of the increases came in retail trade, temporary employment agencies, public and private schools, and health care, the labor department said.
- Henry Unger, The Biz Beat
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