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GEORGIA’S UNEMPLOYMENT RATE DECLINES IN APRIL

Written by Matt Davis on May 18, 2017. Posted in News/Weather

The Georgia Department of Labor has reported that the state’s seasonally adjusted unemployment rate was five percent last month, down from 5.1 percent in March and from 5.4 percent in April 2016.

State Labor Commissioner Mark Butler says that the rate declined as more workers found gainful employment; also, the number of first-time claims for unemployment insurance benefits was down to its lowest level in 19 years.

Even though there were more employed Georgians, the state lost 2,800 jobs in April for a total of 4,466,700.  Jobs were up over the year by 113,600 to mark a 2.6 percent growth rate, a full percentage point higher than the national growth rate of 1.6 percent.

In Metro Rome, jobs were up by 700, or 1.7 percent, over the year to 41,500 last month.

Butler adds that there were 156,000 more people employed statewide in April 2017 than in April 2016.

Initial claims for unemployment insurance benefits, an indicator of new layoffs, declined by 3,386, or 13.5 percent, over the month to 21,633 in April, its lowest point since May 1998.  Claims were down over the year by 4,712, or 17.9 percent, from 26,345 in April 2016.

First-time UI claims were down over the year in Metro Rome by 151, or 34.8 percent, to 283 last month.

Connect with the Georgia Department of Labor online for additional labor market data, career opportunties and other GDOL services for job seekers at www.dol.georgia.gov.

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