Metro Atlanta’s jobless rate falls to 9.7 percent

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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16 comments Add your comment

Grouper

November 24th, 2010
7:11 am

I can believe that Henry. I thought you were on vacation. Anyway. It seems more people are out and about so I tend to believe this. Atlanta really is not as bad off as some other places. True we have our foreclousers. However I think small biz is holding things up. We have a lot of small businesses that are not dependant on big industry. Have a big turkey and some dress. Enjoy yourself, get happy. See you when you get back.

Henry Unger

November 24th, 2010
7:48 am

Thanks Grouper. I hope you and everyone have a wonderful Thanksgiving! And I hope unemployment continues to decline in the months ahead.

playthatfunkymusicwhiteboy

November 24th, 2010
8:02 am

I told my boss just two weeks ago, “when the unemployment numbers come out in Georgia, you will see some improvement.” When he asked how I knew that, I said, “the traffic getting here in the morning and going home in the evening.” My own economic indicator.

Karl Marx

November 24th, 2010
8:12 am

Wait a minute, we added 12,500 jobs and new claims for unemployment are at 25,746 and the unemployment rate went DOWN? That means we lost more than double the jobs that were created. For every 1 job created we lost 2.1 jobs. Ok where is that bridge they are selling?

Charles

November 24th, 2010
9:13 am

I was one of those that lost his job in Oct., and I tell ya, life is no fun right now for me!

Mary

November 24th, 2010
9:21 am

Wow, love how the AJC tried to spin this, the employment number are fake because of the hiring for the holidays and it will go back up after the first of the year. You know if the tax breaks don’t come, just like Donald Trump and many other American owned companies said, they will not be able to keep those that they have hired…Happy Holidays..we were unemployed last year too and still are struggling every day…no unemployment and a job in SC with one car..but THANKFUL for the one job and the chance to start over!!!!

Artjazz54

November 24th, 2010
9:39 am

That’s BS; the unemployment numbers look better because people who have stop looking are not counted. Also, employers are hiring seasonal workers for the holidays, and sometimes those jobs can be more of a hindrance than long term help to struggling families, as they may disqualify some families from certain types of assistance due to change in household income. The bottom line is that, thing haven’t change in Atlanta’s employment picture worthy of mentioning, an especially in the minority communities where it maybe as high as 20-25 percent.

Grouper

November 24th, 2010
9:51 am

Life can be sad sometimes. Yet we have days like Thanksgiving. We can have fun. Sit down with those closest to us. Enjoy a really good meal with cranberry and pumpkin pie. Not to mention the Turkey and dressing. Where ever you are. It’s going to get better. The solidarity of your loved ones tells you that. Now is the time for your family. Now is the time to rest. Now is the time of new beginnings. If things are good for you now. Its the time of rest and of being gratefull.

Mr. S

November 24th, 2010
9:54 am

The numbers mean very little if the long tem unemployed are not represented in the statistics. Gaining 12,500 jobs and losing 26,746 jobs in the same month does not signal an improvement, regardless of what you wrote based on what somebody at the DOL said.

Samantha

November 24th, 2010
11:36 am

The ONLY reasons why the unemployment rate went down is because:
1. A lot of people were hired to work for the Christmas season (seasonal jobs)
2. A lot of people – as of Nov. 20th – were dropped from receiving unemployment insurance.

That is so sad…let’s see what the numbers are AFTER the Christmas holidays has passed.

Economics

November 24th, 2010
12:23 pm

Henry, when you have headlines like that, you loose credability. Really.

TnGelding

November 24th, 2010
3:59 pm

Karl Marx

November 24th, 2010
8:12 am

The 12,500 were payroll jobs and some stopped looking for work so are no longer considered unemployed. It’s just an educated guess at best since it’s based on surveys. Hopefully some of the seasonal temps will be able to stay on permanently.

One Nation Under educated

November 28th, 2010
8:35 pm

Why, Supply-side jaysus has created plenty of jobs – in India & China.

New Census!

November 29th, 2010
3:27 am

Declare a new census in 2011 and create thousands of new jobs!!!!!! Obama rules-hope and change works!

Peanuts2157

November 30th, 2010
8:03 pm

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joedoja

December 1st, 2010
2:02 am

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