Georgia Unemployment Lowest in 5 Years
According to the Georgia Department of Labor Georgia’s seasonally adjusted unemployment rate was 7.7 percent in November.
The 7.7% state unemployment rate for November 2013 is the lowest since November 2008.
“The rate is down because of strong job growth and a very good drop in new claims for unemployment insurance benefits,” said State Labor Commissioner Mark Butler. “The number of new jobs is the best October to November growth since 2007 and the number of new claims is the lowest for any month since September 2007. Both of these numbers pre-date the recession.”
Overall, almost 20,000 jobs were created in Georgia last month. The total number of employed Georgians is also at the highest level, 4,095,500, since September 2008.
“The November to November job growth is the strongest for that period in eight years,” said Butler. “The growth came in several industries, which indicates a broad job market recovery.”
The number of unemployed Georgians decreased 20,322 during November to 363,055.