Cobb jobless rate down to 6.1% in Dec.
by MDJ staff
January 31, 2014 11:06 PM | 1719 views | 0 0 comments | 14 14 recommendations | email to a friend | print
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ATLANTA — Cobb County’s December unemployment rate fell to 6.1 percent, down from 6.3 in November, according to the Georgia Department of Labor.

It was the third straight month of declining joblessness.

In December 2012, the unemployment rate stood at 7.6 percent.

For the metro Atlanta area, unemployment rate decreased to 6.8 percent in December, down two-tenths of a percentage point from 7.0 percent in November.

The rate was 8.4 percent in December a year ago.

The rate dropped primarily because 11,192 more Atlanta residents were employed in December, mostly because of seasonal hiring in retail trade, transportation and warehousing.

The number of jobs in metro Atlanta grew to 2.45 million in December, the most since May 2008, showing an increase of 2,500 jobs, or 0.1 percent, from 2.44 million in November.

Over the year, the number of jobs increased by 58,900, or 2.5 percent, since December 2012, when there were 2.39 million jobs.

Most of the gains came in professional and business services, 12,700; trade, transportation and warehousing, 12,400; leisure and hospitality, 11,000; and education and health services, 10,800.

At the same time, the number of new layoffs, represented by initial claims for unemployment insurance benefits, increased to 23,493, up by 7,271, or 44.8 percent, from 16,222 in November. Claims increased in several sectors, including manufacturing, 2,017; construction, 1,673; accommodations and food services, 1,415; and administrative and support services, 1,005. There were 21,912 claims in December 2012.

The number of unemployed people in metro Atlanta stood at 186,835 in December, down by 2,663 from 189,498 in November. There were 233,161 unemployed in December 2012.

Metro Athens had the lowest area jobless rate at 5.2 percent, while the Heart of Georgia-Altamaha region had the highest at 10.2 percent.

Meanwhile, Georgia’s seasonally adjusted unemployment rate for December was 7.4 percent, down from 7.6 percent in November. The rate was 8.7 percent in December a year ago.

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