Georgia’s unemployment rate held steady at 10-percent in September, unchanged from the month before. Over a year’s time, it’s slightly below the mark of 10.1 percent in September 2009.
The number of payroll jobs however, continues to shrink—down another 7,600 in a month.
State Labor Commissioner Michael Thurmond says, “Our state’s job market remains weak and employers have not resumed hiring at a pace necessary for recovery. Employers are hesitant to commit to the financial risks associated with hiring and training new employees in an uncertain economy."
This is the 36th consecutive month Georgia has exceeded the national unemployment rate, which is currently 9.6 percent.
Contributors: Myriam Levy