3:59 am December 16, 2010, by Henry Unger
Georgia’s unemployment rate jumped to 10.1 percent in November from a revised 9.8 percent in October, the state labor department said Thursday.
There has been virtually no progress from a year ago, when the jobless rate stood at 10.2 percent in November 2009. This November was the 38th consecutive month that Georgia’s jobless rate has exceeded the national rate, which is 9.8 percent.
“The unemployment rate is up because of increases in new layoffs and in the number of long-term unemployed,” state Labor Commissioner Michael Thurmond said in a statement.
There were 252,200 long-term unemployed in November — those who have been out of work for at least 27 weeks, the labor department said. This represents an increase of 4.8 percent from October and 59.8 percent from November 2009.
The long-term unemployed now account for 53.7 percent of the 469,702 jobless workers in Georgia. A year ago, the long-term jobless represented 32.9 percent of the unemployed.
In November, the number of payroll jobs increased by two-tenths of a percentage point to rise to 3,849,500, the labor department said. Most of the increases came in retail trade, professional and business services, and educational and health services.
But, the number of jobs remains one-tenth of a percentage point less than in November 2009.
Also, 67,714 laid-off workers filed initial claims for unemployment insurance benefits in November — an increase of 17.8 percent from October.
Most of the first-time claims were filed in manufacturing, trade, administrative and support services, and construction, the labor department said.
- Henry Unger, The Biz Beat
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