Jobless claims dip in latest sign of job market improvement

Tabitha Dunn
March 18, 2017

The Georgia labor department said unemployment rose by 0.4 percent in Catoosa County to 5 percent and increased in Walker County by 0.1 percent to 5.4 percent.

GDOL explained that the rate rose as the number of jobs and people in the labor force declined and the number of new layoffs increased.

The Labor Department on Thursday also said continuing unemployment claims, reflecting benefits drawn by workers for longer than a week, fell by 30,000 to 2.03 million in the week ended March 4.

The number of jobs increased by 6,500, or 0.1 percent, to 4,442,200. Job losses came in the service industries, which includes trade, transportation and warehousing.

Across the nation, the unemployment rate in the United States stayed below 5 percent in January, with a reading of 4.8, up one-tenth of of percent from December 2016 and 4.9 percent from January one year ago. Job growth came in the service industries, including professional and business services, leisure and hospitality, education and health services, along with trade, transportation and warehousing.

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The number of initial claims for unemployment insurance, a measure of new layoffs, rose by 152, or 45.1 percent, to 489. However, over the year, claims were down by 109, or 10.6 percent, from 1,026 in January 2016. The number of employed resident dropped by 889 to 229,332.

"Over the year, the number of people in the labor force increased by 575, as the number of employed grew by 548 and the number of unemployed increased by 27", the department said.

According to the NC governor's office, the counties effected the most by unemployment rates were Hyde County with an increase of 16.3 percent. It was 5.6 percent in January 2016. However, over the year, claims were down by 656, or 6.4 percent, from 10,280 in January 2016.

The rate rose as the labor force grew and the number of new layoffs increased.

"The most recent unemployment rate that I have for Coweta County is 4.7 percent", Clark said in an email statement. In January, 513 new job openings in Dalton were posted on Employ Georgia.

Other reports by Guamnewswatch

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