Metro Atlanta’s unemployment rate falls to 10.2 percent

Metro Atlanta’s unemployment rate fell to 10.2 percent in February from 10.4 percent in January, the state labor department said Thursday.

A year ago, the jobless rate was 10.7 percent, the labor department said.

February’s decline was attributed to the 16,400 new jobs created. Most of those jobs were in service-related industries, construction and manufacturing, the labor department said.

The number of unemployed in metro Atlanta declined to 270,895 in February from 274,619 in January.

Of the five core metro counties, Clayton posted February’s highest jobless rate at 12.4 percent. It was followed by DeKalb and Fulton, which both had 10.5 percent rates. Cobb’s jobless rate was 9.4 percent and Gwinnett’s was 9.1 percent.

Earlier this month, the labor department reported that Georgia’s unemployment rate for February was 10.2 percent, down from 10.3 percent in January.

February marked the 41st consecutive month that Georgia has exceeded the national unemployment rate, which is currently 8.9 percent. The national rate for March will be released Friday.

- Henry Unger, The Biz Beat

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46 comments Add your comment

Obama

March 31st, 2011
5:56 am

I told you the stimulus would work. A couple of trillion more and we can drop it another one half percent.

Typical Democrat

March 31st, 2011
5:57 am

First…

We must spend our way out of this recession !!!!!!!!!!!

Karl Marx

March 31st, 2011
6:52 am

Democrats bailed out their buddies the bankers but forgot the taxpayers. Oh well if you are a democrat you live by the motto “Live and Never Learn.

Logic 05

March 31st, 2011
6:54 am

Attention Karl Marx,

Didn’t the bankers repay their loan with interest?
How about GM? I don’t think so.
How about Fannie and Fredddie? I don’t think so.
But no worry…they will continue to protect the unions.

Joe Biden

March 31st, 2011
6:55 am

Enter your comments here

Joe Biden

March 31st, 2011
6:56 am

The stimulus is making America thrive again.

TnGelding

March 31st, 2011
7:42 am

Happy Days are Here Again! Ok, it ain’t that great, but it is an improvement. A trillion dollars spread over 2+ years is nothing in what was a $15 trillion economy. It all still hasn’t been spent.

The Economy

March 31st, 2011
8:18 am

NO, unemployment didnt drop, people just stopped looking. We are still 18-24 months away from the bottom, JOBS are not coming back and if they are there pay is HALF at best. Housing is gonna continue to drop for a few more years, thats a fact!

Buzz G

March 31st, 2011
8:41 am

Real unemployment is probably half that figure. That figure does not include “discouraged” workers and those who have settled for part time work. This is what Obama’s socialism will do for you.

Buzz G

March 31st, 2011
8:42 am

Make that “real unemployment is probably twice that figure.”

Danielle

March 31st, 2011
9:41 am

These above comments are naive. You people attempt to blame politicians for a deeper underlying problem of America’s uneducated work force who can be out-produced by teens in a third-world country. Yeah, the stimulus did not solve the problem of cheap labor in other countries, but TARP actually has been paid back and has even posted profits from interest. You people are obtuse and only exemplify why political rhetoric has become so polarized – you blame parties and not the actual problem.

DWinDec

March 31st, 2011
9:47 am

Danielle,

How dare you bring rational discussion into this forum? You should be ashamed of yourself!

ICECOLD

March 31st, 2011
10:11 am

if they could some how count the under the table jobs that everybody else has… like hispanic owned tax free businesses, drug dealers, lawn services, under the table mechanics, personal trainers, and homeless getting paid to clean windows and pumping gas… then that rate would drop to about 1.2 ( still have to have room for the lazy people )

EJ Moosa

March 31st, 2011
10:22 am

Private sector hiring will be on the upswing for the next 5 quarters (spring 2012) at the very least.

Year over year corporate profits were up 29.6% in 2010. That equates to job growth over the next five years.

EJ Moosa

March 31st, 2011
10:22 am

Make that the next five quarters….my mistake.

Dave

March 31st, 2011
10:37 am

Why does it say the unemployment was 10.4 in JAN in the first sentence the in the next to last it’s 10.3
Either was these figures are bogus, since all unemployed are not included. I have been out of work 2 years, am I still counted, I don’t thing so.

Elliot Garcia

March 31st, 2011
10:50 am

Dave, stop blogging and get to work!

Josh

March 31st, 2011
10:57 am

Dave is a great example of what I am talking about. He should be using every ounce of his energy towards finding work. Instead he is reading through the news looking for an opportunity to tell people how he’s been out of work for two years. Seriously? Two years?

Dave your duty as an American isn’t to sit on welfare for two years because it pays more than the jobs you’ve been offered. Your duty is to get after it and contribute. Get over yourself and go get a job at McDonalds. Then use your over qualified skills to rise through the ranks quickly and work your way into corporate management. Ask not what your country can do for you, but what you can do for your country.

steve

March 31st, 2011
11:24 am

Where are these so called jobs? Who is creating them? I can’t land an interview to save my life… this economy sucks… period… end of discussion.

bill

March 31st, 2011
11:43 am

unemployment is not welfare its insurance you pay for in every paycheck you get.

Barack Obama

March 31st, 2011
11:49 am

Whoohooo! Atlanta’s jobless rate fell over the course of a year from 10.7% to 10.2%. That means that out of every 1000 potential workers, 5 more have a job now than had one a year ago. I told you that I have all the solutions. At this rate, it will take, what, only another 10 years to get the rate down to 5.2%? That’s not so bad, is it?

Remember to vote Democratic in the next election! We’ve got all the answers! Those mean, all-white, rich Republicans are out to hurt everybody.

USA MADE

March 31st, 2011
12:22 pm

Buy USA Made until America is working again!

MG

March 31st, 2011
12:34 pm

Economy added 16k jobs but the number of unemployed dropped by less than 4k. The other 12k were no longer counted as unemployed?

TradeMe

March 31st, 2011
12:36 pm

Buzz G, the current administration inherited this mess that the former administration left. If you put spoiled milk in the refrigerator tonite, I hope you don’t think it’s going to ready for consumption in the morning!!! It took 8 years to get us into this position, (NOBODY complained when billions of dollars were spent daily looking for “weapons of mass destruction”, that were NEVER found) I hope that you don’t think that a Magic wand will be waved and everything will be fixed. Look at what was handed to the current administration, GARBAGE!!!! Plain and simple, cut and dried!!! GARBAGE! And now you want miracles!!!!

mts

March 31st, 2011
12:59 pm

Both parties are to blame. Neither care about jobs! Bush and the Republicans lead us into a depression similar to Hoover & the Republicans in the 30’s. Obama continues to lie & waste money. His administration spent 10 billion for new cars for themselves. Why haven’t Oprah & his friends done anything for the millions of Americans out of work?

Fletch

March 31st, 2011
12:59 pm

Bill – “unemployment is not welfare its insurance you pay for in every paycheck you get”

Sorry Bill, UI benefits are paid for 100% by the employer while you are working and taxed at the 1st $8,500 that you earn. That’s why employers fight so hard to keep a viable SUTA rating with the DOL. if the employees were contributing to the fund, the situation would be completely different.

And just so you know, I deal with the Unemployment boards in 10 different states on a daily basis, so trust me on this one.

Common Sense

March 31st, 2011
1:15 pm

Fletch, it becomes welfare when the premiums collected do not cover the payout from the claims.

In case you were not looking, the state of Georgia owes nearly $5 billion for the claims which the premiums did not cover.

Truth Squad

March 31st, 2011
1:23 pm

Einstein said, “We can’t solve problems by using the same kind of thinking we used when we created them.”

That was true when he said it, it is true now and the unemployment problem is example A #1.

The idea that jobs will be created by cutting even more taxes for the wealthy and big corporations; further and potentially dangerous deregulation (think:oil spills, mine cave-ins, nuclear disasters, infrastructure erosion,etc…), and cutting “waste” such as teachers, cops, and social services, is a big fat lie. We have more than 30 years experience with these ideas and they are a huge failure.

The market will work if it is regulated properly, and if we stop letting the rich fix the rules so only they can control the rules.

The government is going to have to step in and take corrective action. We all know it, some just don’t want that to happen so they repeat myths and engage in fearmongoring and name calling.

There will have to be a jobs program along the lines of the WPA created during the last sustained unemployment crisis. It will have to be tailored to the needs of today and there will have to be more public-private partnership to help with the costs, risks, and share the rewards.

It might also help to enforce the antitrust laws for a change. Do we really need to have only a few companies run every segment of the market? Is it the best policy for Main Street to only have 5 or 6 companies control all tv, radio, newspapers, books, and music? Is it really a good thing for Main Street to let Ma Bell become Ma Bell again? Break these companies up. Eventually Wall Street will adapt and make money.

The trickle down-austerity thinking that got us into this mess will not get us out of it. We have to think much like we did during the Depression (the last time we let the banks and Wall Street stick it to us). Time to bailout out Main Street and only the government (we the people) has the power to do the job in partnership with the private sector.

Where is Justice?

March 31st, 2011
1:50 pm

The accuracy of this is unlikely. I was “laid off” from the City of Atlanta because my boss was afraid I had told upper management of his unethical work practices. When I filed for unemployment benefits he told mgmt that I had quit. after nearly a year of fighting for my benefits, the City finally fired him, but I still can’t get benefits because I now have a part-time job. This is not fair and has been very hard on my family, but Mrs. Wright at the GDOL, who threatened me to never go over her head, is determined to keep me and many others from receiving the benefits we deserve. Maybe her motivation is racial, who knows. But the City of Atlanta has been no help to me either though they admit it was wrong for me to lose my job.

Party? Really?

March 31st, 2011
2:43 pm

I suppose I understand why people would blame the President for the national unemployment rate. But why is it his fault that Georgia’s unemployment rate is *higher* than the national average? For the sake of consistency, shouldn’t you blame the state-level politicians for that fact?

(For the record, I do not blame the government for either).

Fletch

March 31st, 2011
3:05 pm

Common Sense – “Fletch, it becomes welfare when the premiums collected do not cover the payout from the claims.

In case you were not looking, the state of Georgia owes nearly $5 billion for the claims which the premiums did not cover.”

Not sure about your point, I was merely correcting Bill. And I agree, if Georgia wasn’t borrowing 1.5 million dollars a day from the Fed to pay UI benefits, we’d be in a much better place. Fortunately, I’ve noticed a significant decrease in the “rubberstamping” of benefits since Butler replaced Thurmond. On the bright side, Georgia is still waaaaaay behind Califorinia as far as the UI hole goes.

TRUE PATRIOT

March 31st, 2011
3:07 pm

This is all because of the heroic actions of the TEA PARTY! Now that we’ve cracked down on abortion, the job rolls are soaring!

We must now elect Newt Gingrich to save America from ATHEIST MUSLIMS that want to take over America. Chairman FARTBAMA will see to that.

JB

March 31st, 2011
3:29 pm

The Repubs sd that job #1 was job creation. Hmmmmmm…. They all got in and haven’t done squat! Imagine that!!!!

whatdoiknow

March 31st, 2011
4:07 pm

Mr. Unger:

Do the unemployment rates factor in the folks that are no longer looking for work? The real unemployment rate is probaably double what your article states?

wreckmaniac

March 31st, 2011
4:52 pm

As long as Wall Street is doing well and Goldman-Sachs continues to run Washington we should all be happy.

wreckmaniac

March 31st, 2011
5:01 pm

define obtuse, please

wreckmaniac

March 31st, 2011
5:03 pm

E J Moosa: That job growth will be in China and the third world which the US will soon join.

FROM ATLANTA TO SEATTLE.2012

March 31st, 2011
6:35 pm

Atlanta=detroit Georgia=michigan…what does all four have in common…mismanagement

Truth

March 31st, 2011
7:51 pm

Here is an idea! Let’s just tax the middle class and poor 90% and then give all of the money to the most wealthy!!! That’ll fix everything, right?

Realistic

March 31st, 2011
8:00 pm

“The Economy”,

Where did you get your economics degree from? You seem to disagree with 95% of the other economist out there.

Get a Grip

March 31st, 2011
8:04 pm

There are plenty of jobs available in Ga. They may be in a different field or may be for less money but it is time for people get to work and stop looking for a hand out.

rainybird

March 31st, 2011
9:15 pm

My company relocated me to Atlanta in 2007, and in 2008, my job was gone. Now I was fortunate enough to have a sought-after skillset and experience, so after 6 months, I had another job that paid me quadruple. The give and take is that I am typing this from Afghanistan. However, regarding Atlanta and its employment debacle: no offense folks, but your Atlanta has an overall ’stupid’ workforce. I’ve never lived in such a city where there was such a high percentage of ignorance and apathy. Not talking about Buckhead and the suburban rim, but Atlanta-proper. I have also never seen a city that used the politics of race in every argument to justify special interests. I have never seen such mismanagement at the municipal level, and such ‘reverse’ racism. Ultimately, Atlanta really turned out to be a disappointment. I expected a far more professional city and workforce. And I think the city’s ‘chip on the shoulder’ management style is going to have a terrible impact on Atlanta growth in the years to come. Who in their right mind would want to do business with a city like Atlanta? It’s near socialist. You had the chance to vote for a republican (indpenedent) female in 2009, and yet the ‘institution’ chose to vote in another idiot from the ‘old school’ league. Atlanta cannot continue with being a democrat ‘modern-day reparations’ city, to be blunt. Atlanta could learn a lot from cities like Charlotte and Nashville, which despite the banking crisis, are fairing better, Nashville especially.

My rant may sound quasi-racist, but it isn’t. It’s the cold hard truth that responsible Atlantans dance around and avoid at all costs to repair. It’s your city. And it will be your urban failure if you don’t take the bull by the horns.

Rush Limbaugh

March 31st, 2011
10:14 pm

These people should be tested for drugs. They’re a bunch of stoners taking my hard earned tax dollars! All they do is sit on their butts all day. Why won’t they take a job flipping burgers at Burger King? I’m sure Burger King’s looking for a middle aged fry cook.

In The Trenches

March 31st, 2011
11:31 pm

Interestingly enough, those who have the most to say have the least experience. Instead of wasting valuable cyber real estate with what will earn most of you an honest degree, I’ll keep my comments simple as I consider my audience to be the same. With that said:

Just to “help” those who have not had the fortunate experience of losing their job – “NO” is it not as easy going out to get a “burger flipping” job to “pull a fair share of weight”. I tried this approach, but even after omitting a significant portion of education and professional training I still was not hired. “Why?”…so glad you asked. You can’t mask education and common sense and conversely it’s hard to put on ignorance. If a manager suspects that you are not least bit urban, then it’s curtains for any chance to have a job at a fast food restaurant. GOD FORBID that orders placed are correctly filled and customers are not asked if they have change so the cashier doesn’t have to count in anything other than whole dollars.

I’m amazed at how many of you are still misled and misinformed about where your “hard earned tax dollars” go. For those who claimed in this article that they are tired of their hard earned tax dollars going to welfare, please pick a copy of the Federal budget and read the line items carefully…notice one thing: “interest expense”. HOMEWORK: find out who or what this interest expense is paid to. Next, go to your tax PLANNER, not preparer, and ask what the second largest drain on your tax dollars is…bet you dollars to donuts that it would be your own tax liability. To help you again, this is the federal income tax…not FICA (social security and medicare). Apply the same investigative process to your state taxes.

As far as unemployment benefits are concerned: at NO TIME are UI coffers funded by an employee. UI coffers are funded by employers in the form of an insurance premium paid as a cost of business. Anyone who disagrees, please share with us your paycheck stub that shows the line item where you are paying for UI benefits. I was hard pressed to find it on mine; I’m sure you’ll have the same issue.

Point blank: people take the time to read MULTIPLE newspapers and get a balanced perspective. Turn off your televisions and learn to think for yourselves. Then, when you come to forums like this one, you won’t regurgitate what you heard on Fox News or what your “Uncle Bill” has been ignorantly spouting for years on end.

TnGelding

April 1st, 2011
3:01 am

What’s the tax rate on employer’s that contribute to the Unemployment Compensation Trust Fund?

max deal

April 3rd, 2011
1:25 am

to create some more phony jobs, can obama declare a new census every year or bail out another connected company with union “workers” for campaign cash?