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Georgia, Cobb Jobless Rate Increases

Temporary layoffs in manufacturing are blamed for the statewide increase.

 

The jobless rate in Georgia has jumped 3 tenths of a percentage point to 9.3 percent from June to July, says the Georgia Department of Labor.

State Labor Commissioner Mark Butler said in a press release that the culprit for the spike was a large number of temporary manufacturing sector layoffs, but many of those workers have returned to work already.

First time claims for unemployment insurance jumped by over 15 percent from June, but are still 8.2 percent below the number of claims from this time last year.

In Cobb County, there was a 4.5 percent increase in first-time unemployment claims. There were 2,515 first time claims in July, up from 2,406 in June. This number is still below the 2,816 first time claims in July, 2011. Additionally, countywide first time claims have dropped 10.7 this year.

The labor force grew for the 14th time in 15 months, but the number of available jobs decreased due to the end of seasonal and temporary work in the state. There are still some 50,000 more jobs than were reported at this time in 2011.

The long-term unemployed, who have been out of work for more than 26 weeks and make up 51 percent of all unemployed in the state, dropped by 4,700 from June to July. There has been a 10.2 decline in long-term unemployment from July 2011 to July 2012.

Related Topics: Cobb County Unemployment and Georgia Unemployment

lynn

12:03 pm on Thursday, August 16, 2012

How is that hope and change working for you?

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Pam J

1:01 pm on Thursday, August 16, 2012

My hope is gone, and the change ain't going quite like I would like for it to!

Pam J

1:00 pm on Thursday, August 16, 2012

I've been unemployed for 2-1/2 years. And now I am going to have thousands of illegal immigrants to compete against for jobs.

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lynn

1:07 pm on Thursday, August 16, 2012

Hey, those illegals get to go to the University of Texas a lot cheaper than my American born kids do.

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