74
      Tuesday
      93 / 70
      Wednesday
      95 / 71
      Thursday
      92 / 70

      Regional unemployment holds steady, Albany's rate rises

      Local area unemployment data are not seasonally adjusted. / File


      The Georgia Department of Labor announced that metro Albany's unemployment rate increased to 8.2 percent in December, up one-tenth of a percentage point from 8.1 percent in November. The rate was 9.4 percent in December a year ago.

      The rate rose primarily because the number of new layoffs, represented by initial claims for unemployment insurance (UI) benefits, increased to 1,505, up by 731, or 94.4 percent, from 774 in November. Claims increased in several sectors, including manufacturing, construction, accommodations and food services, and administrative and support services. There were 798 claims in December 2012.

      The number of jobs in Metro Albany declined in December to 62,000, a loss of 300 jobs mostly service-related industries. However, Metro Albany had an increase of 500 jobs, or 0.8 percent, since December 2012, when there were 61,500 jobs. Most of the gains came in trade, transportation and warehousing.

      The unemployment rate in the Southwest Georgia region was unchanged at 7.9 percent from November to December, but was down from 9.1 percent in December a year ago.

      While the rate was unchanged, seasonal hiring in trade, transportation, and warehousing pushed the number of employed residents up by 219 to 144,423 from 144,204 in November. There were 148,531 employed residents in December 2012.

      The number of new layoffs, represented by initial claims for unemployment insurance (UI) benefits, increased to 3,024, up by 1,639, or 118.3 percent, from 1,385 in November. Claims increased in several sectors, including manufacturing, construction, trade, transportation, and warehousing, accommodations and food services, and administrative and support services. There were 1,901 claims in December 2012.

      Local area unemployment data are not seasonally adjusted. Georgia labor market data are available at www.employgeorgia.com.

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