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Thursday, May 17, 2012 - 4:30am

Jobless Rate Falls To 3-Year Low

Updated: 2 years ago.
Those out of work for more than six months continue to make up more than half of the state’s unemployed. But the number of long-term jobless fell more than 5 percent over last April. (GPB File Photo.)

Georgia's seasonally adjusted unemployment rate has fallen below 9 percent for the first time in more than three years.

The jobless rate declined for the ninth consecutive month in April to 8.9 percent, down a tenth of a percent from March.

“We now have the lowest unemployment rate, the fewest unemployed workers, and the most jobs in Georgia in more than three years,” said Labor Commissioner Mark Butler. “Our job market continues to improve at a modest and steady rate.”

The number of new jobs grew by nearly 32,000, including in some surprising sectors, Butler said.

“There are obviously some sectors that are stronger than others. But even this last month, we did happen to see some growth in some areas that we haven’t seen in a while. Construction gained jobs, financial services gained jobs, which were two of our harder hit sectors during this recession,” he said.

The state's unemployment rate was 9.8 percent in April a year ago.

Those out of work for more than six months continue to make up more than half of the state’s unemployed. But the number of long-term jobless fell more than 5 percent over last April.

The last time Georgia's jobless rate was below nine percent was in February of 2009, when it was also 8.9 percent.

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