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Metro Atlanta Unemployment Rate Falls Slightly in October

Preliminary jobless rate falls to 8.2 percent in October, down fro 9.4 percent a year ago.

The Georgia Department of Labor said Thursday the preliminary unemployment rate in metro Atlanta declined to 8.2 percent in October, down one-tenth of a percentage point from 8.3 percent in September. The rate was 9.4 percent in October 2011.

The rate declined because of an increase of 19,500 new jobs in metro Atlanta. There were 2.35 million jobs in October, up eight-tenths of a percentage point, from 2.33 million in September. The growth came in retail trade, up 5,900; professional, scientific, and technical services, up 2,800; education and health care, up 2,600; accommodations and food services, up 2,200; local government, up 2,200; technology, 1,400; construction, 1,200; and financial services, 800. In one year’s time, jobs were up in metro Atlanta by 33,700, or 1.5 percent, from 2,319,800 in October 2011.

Metro Athens continued to have the lowest area jobless rate at 6.2 percent, while metro Dalton had the highest at 11.3 percent.

Meanwhile, Georgia’s seasonally adjusted unemployment rate declined to 8.7 percent in October, down three-tenths of a percentage point from 9.0 percent in September. The jobless rate was 9.7 percent in October a year ago.

Statewide, there were 3,971,700 jobs in October, up 36,000, or nine-tenths of a percentage point, from 3,935,700 in September. Over the year, Georgia gained 68,000 jobs, or 1.7 percent, from 3,903,700 in October 2011.

Local area unemployment data are not seasonally adjusted. Georgia labor market data are available at www.dol.state.ga.us.

— Sam Hall, Ga. Department of Labor

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