Southwest Georgia's unemployment rate rises in June - WALB.com, Albany News, Weather, Sports

Southwest Georgia's unemployment rate rises in June

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July 24, 2008

Press release from The Georgia Department of Labor

ATLANTA -  The unemployment rate in the Southwest Georgia area rose to a preliminary 6.2 percent in June, up four-tenths of one percent from a revised 5.8 percent in May.

In metro Albany, the number of jobs was down 100, or two-tenths of one percent, from 64,600 to 64,500.

Meanwhile, the state's seasonally adjusted unemployment rate was unchanged at 5.7% from May to June, but it was up 1.3% from 4.4 percent in June of 2007. The current adjusted state rate, which is two-tenths of one percent higher than the U.S. seasonally-adjusted rate of 5.5%, continued to top the national rate for the past five months.

Preliminary unadjusted data from May to June show Georgia lost 21,900 payroll jobs, a decrease of one-half of one percent. The job losses came across-the-board in manufacturing, construction, trade, and services.

The local area unemployment rates are not seasonally adjusted. Georgia labor market data are available at www.dol.state.ga.us.