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Strong job creation, partly fueled by holiday hiring, pushed down Georgia’s unemployment rate to 8.7 percent in October from 9 percent in September.
“The unemployment rate dropped because we had an increase of 36,000 new jobs, which is the largest September to October job increase ever,” state Labor Commissioner Mark Butler said in a statement. “That job growth pushed the number of jobs in October to the highest level in any month since December of 2008.”
There were 3,971,700 jobs in October, up 0.9 percent from September.
The growth came in retail trade, up 8,000; education and health care, up 7,000; professional and business services, up 6,000; state and local public schools, up 5,000; leisure and hospitality, up 3,000; technology, up 2,400; construction, up 1,700; financial services, up 900; and manufacturing, up 700.
The jobless rate has dropped from 9.7 percent a year ago. But it still remains considerably