Unemployment Rate Continues Downward Trend

downward trend

According to the Department of Labor, Georgia’s unemployment rate continued to drop through December of 2012 to 7.4%, down 0.2%(12,185 jobs) from November. Most speculate that the 4,020 jobs added in December were mostly seasonal opportunities in the retail, transportation, and warehousing industries.

Georgia’s dropping unemployment rate is even more impressive when compared to the statistics from December 2012. Georgia had 90,000 more employment opportunities this December than last, according to Labor Commissioner Mark Butler; this translates into a 2.3% increase in jobs. As the construction, transportation, and services sector continue to strengthen, most speculate the unemployment rate is continue its downward trend.

0

Add a Comment