Georgia's unemployment rate has dropped to 8.7 percent. The Georgia Department of Labor early Thursday morning announced the new figure, which is the seasonally adjusted jobless rate for August. It is down from 8.8 percent in July.
The mayor of Dalton will challenge Gov. Nathan Deal for the GOP nomination in next year’s gubernatorial race. David Pennington says he’s running because Deal isn’t doing enough to foster job growth and boost the economy.
The Federal Reserve chairman is warning federal sequestration will damage the nation’s fragile economy. Emory University economist Tom Smith helps us sort through the impact on Georgia’s sluggish recovery.
The state House passed an amended budget Friday for the current fiscal year. It reconciles projections from last year with the economic realities of today. State officials had to lower the budget’s revenue estimate because the economy hasn’t recovered as quickly as they had predicted.
A weaker-than-expected economic recovery is proving to be a drag on Georgia's state finances. Republican Gov. Nathan Deal must find a way to close the gap between what Georgia's government collects and what it spends when submitting his budget plans Thursday.
State labor officials say the preliminary unemployment rate in metro Atlanta dropped to 8.7 percent in March. The new jobless rate was announced early Thursday morning by the Georgia Department of Labor. Metro Atlanta's unemployment rate is down from a year ago, when it was 9.6 percent
Athens-Clarke County is the best-positioned community in the U.S. to attract investment and economic growth. That’s according to a Pittsburgh consulting group. The University of Georgia’s home county benefits greatly from its educational institutes.
The $200 million Caterpillar facility along the border of Athens-Clarke and Oconee counties is creating 1,400 jobs. But University of Georgia economic forecaster Jeff Humphreys predicts more openings will emerge.
For the second year in a row, the nonpartisan research group the Tax Foundation ranks Georgia the 34th most business-friendly state. It comes as Governor Nathan Deal releases the state's business development strategy recommendations in the Georgia Competitiveness Report.