Posted on 19 July 2012.
Georgia’s unemployment rate rose to 9 percent in June from 8.9 percent in May, representing the first increase in almost a year, the state labor department said Thursday.
The jobless rate was 9.9 percent a year ago.
“The unemployment rate traditionally inches up in June because new graduates and people hunting summer jobs enter the job market at the same time the private and public schools are laying off for the summer,” state Labor Commissioner Mark Butler said in a statement.
The number of jobs dropped by 8,200 in June to total 3,933,300.
“The June job loss is a lot less than we anticipated, based on recent trends,” Butler said. “Despite the overall loss, we gained 1,500 manufacturing jobs and 900 in construction.”
The number of jobs in June was 45,200 more than in June 2011. The annual growth was in professional and business services, 23,900; trade, transportation, and warehousing, 15,200; education and health care, 7,300; manufacturing, 4,300; and leisure and
Full News here – The Biz Beat