State unemployment rate at 3.4% for third straight month

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By Dave Williams, Bureau Chief
Capitol Beat News Service

ATLANTA – Georgia’s unemployment rate held steady at 3.4% in November for the third month in a row, the state Department of Labor reported Thursday.

Several categories again reached record highs, including the number of jobs, which rose slightly by 0.3% last month compared to November of last year, to more than 4.95 million.

The labor force was up by 11,263 to nearly 5.36 million, another all-time high. Georgia’s labor force participation rate held steady at 61.6% last month compared to October but is up from 61.0% at the beginning of the year.

The number of employed Georgians also rose by 9,755 to almost 5.18 million, also an all-time high.

“With record-high job numbers, a thriving economy that stands among the nation’s best, and a work force eager to embrace new opportunities, Georgia is poised to enter the new year with hope and boundless possibilities for all,” state Commissioner of Labor Bruce Thompson said Thursday.

On the negative side of the ledger, initial unemployment claims were up by 3% last month to 22,316. However, first-time jobless claims for the year declined by 13%.

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Author

Except for a brief period, Albany Herald Editor Carlton Fletcher has been a newspaperman, working as Sports Writer/Columnist for the weekly Ocilla Star, as Sports Writer/Sports Editor with The Tifton Gazette, and as Sports Writer/Copy Editor/News Reporter/Features Editor and Editor of the paper. He has won numerous awards for sports, news, business and column writing, including a first-place Business Writing award in last year’s Georgia Press Association awards competition.

Read Carlton’s stories.

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