Georgia Unemployment Drops Below Eight Percent for First Time Since November 2008

December 20, 2013

Some fantastic news for this time of year for the state of Georgia, as the latest unemployment numbers have been released.

Announced yesterday was the lowest unemployment rate for Georgia since November 2008.

For the month of November, Georgia’s unemployment rate decreased to 7.7 percent, the rate is down four-tenths of a percentage point from October’s rate of 8.1 percent.

State Labor Commissioner Mark Butler said not only did the amount of jobs created increase, but also initial unemployment claims dropped off as well.

“Well the biggest part of that has to do with the amount of jobs created last month; we had over 19,000 jobs created, but also another good number is that initial claims decreased by fifteen percent”, said Butler. “These are some of the best numbers we have seen since 2007.”

Butler again said there were increases in the amount of construction and manufacturing jobs in the state.

He says this is very encouraging data as the 2013 calendar year comes to a close.

“I think you are going to continue to see Georgia improve, Georgia businesses are out there putting people back to work and all the credit goes to them. I feel you are going to see us continue to go forward despite all that is happening in Washington”, said Butler.

The overall number of unemployed Georgians in November decreased to just over 360,000; compared to November 2012, where roughly 420,000 Georgians were unemployed.

County by county unemployment numbers, as always, are expected to be released towards the end of the month.

Elbert County aims to keep below double digit unemployment for the third consecutive month, as the county looks to improve upon October’s rate of 9.9% unemployment.