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Metro Atlanta Unemployment Dips to 8% in November

The preliminary unemployment rate in metro Atlanta declined to 8.0 percent in November, down two-tenths of a percentage point from 8.2 percent in October. The rate was 8.9 percent in November 2011.

The Georgia Department of Labor announced Thursday that the rate declined because of job growth and fewer new layoffs, represented by first time claims for unemployment insurance benefits.

There was an increase of 12,300 new jobs in metro Atlanta. There were 2,366,500 jobs in November, up five-tenths of a percentage point, from 2,354,200 in October. The growth came mostly in trade, transportation, and warehousing, up 11,000. In one year’s time, jobs were up in metro Atlanta by 33,900, or 1.5 percent, from 2,332,600 in November 2011.

There were also 680 fewer new claims for unemployment benefits in construction, retail trade, transportation and warehousing, and administrative and support services.

Read more:  11Alive News


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