AP NEWS

Floyd County’s unemployment rate drops slightly

May 25, 2017 GMT

The Georgia Department of Labor announced Thursday that Floyd County’s unemployment rate in April was 5.1 percent, down two-tenths of a percentage point from 5.3 percent in March. In April 2016, the rate was 5.6 percent

The rate declined as more people became employed and employers created more jobs.

The number of jobs in Floyd County increased by 300, or 0.7 percent, to 41,500. The job growth came in the service industries such as trade, transportation and warehousing, along with the goods-producing sector, which includes manufacturing and construction.

Over-the-year, a total of 700 jobs were added, a 1.7 percent growth rate, up from 40,800, in April 2016. The job growth came in education and health care and other service industries, along with the goods-producing sector, which includes manufacturing and construction.

The number of initial claims for unemployment insurance, a measure of new layoffs, rose by one, or 0.4 percent, to 283. The increase was in administrative and support services. Over the year, however, claims were down by 151, or 34.8 percent, from 434 in April 2016. Most of the over-the-year decline came in manufacturing.

There were 47 more Floyd County residents employed in April than in March, pushing the total number to 41,829. There were 953 more people employed in April than in April 2016.

The labor force, which consists of employed residents and those who are unemployed and actively looking for jobs, declined by 46 to 44,060. That total represents an increase of 745 over the past 12 months.

The unemployment rate in the Northwest Georgia region in April was 4.6 percent, down three-tenths of a percentage point from 4.9 percent in March. In April 2016, the rate was 5 percent.

The rate declined as more people became employed and employers reduced the number of new layoffs. Also, there was a decline in the labor force.

There were 462 more Northwest Georgia area residents employed in April than in March, pushing the total number to 393,826. There were 10,533 more people employed in April than in April 2016.

Although there were more employed residents, the labor force, which consists of employed residents and those who are unemployed and actively looking for jobs, declined by 447 to 412,991. That total represents an increase of 9,420 over the past 12 months.

The number of initial claims for unemployment insurance, a measure of new layoffs, declined by 1,582, or 43.1 percent, to 2,087. The decrease came in manufacturing. Over the year, claims were down by 699, or 25.1 percent, from 2,786 in April 2016.

Metro Gainesville had the lowest area jobless rate at 3.9 percent, while the Heart of Georgia and River Valley regions had the highest at 5.9 percent.

Meanwhile, Georgia’s seasonally-adjusted unemployment rate for April was 5 percent, down from 5.1 percent in March. It was 5.4 percent in April 2016.

Job seekers and employers are encouraged to use GDOL’s online job listing service employgeorgia.com to search for jobs or recruit new employees. In April, 3,723 new job openings in the Northwest Georgia region were posted on Employ Georgia. Throughout the state, 75,183 new job openings were posted.

Visit dol.georgia.gov to learn more about career opportunities, Employ Georgia and other GDOL services for job seekers and employers and to connect with us on social media.