Mixed report for local labor force in July: Floyd County posted 900 additional jobs last month vs. the same month in 2018 but likewise saw a drop of 200 jobs compared to the previous month. We’ll have the jobless rate for area counties later this month which will show a better look at local employment trends, Below please find the first-time jobless claims for our area which also increased when compared to June of this year. In most cases, jobless claims were above 2018 levels as well. The statewide report, further down this page, had better news.
First-time unemployment insurance claims for July jump month over month:
Floyd: 658 claims, up 136.7% from the month before.
Bartow: 266 claims, up 87.3% from June.
Chattooga: 43 claims, up 38.7% from the previous month.
Gordon: 428 claims, up 221.8% from June.
Polk: 118 claims, up 40.5% from the month before.
Floyd, Polk and Gordon county claims also were up vs. June 2018 reports while Bartow was close to that number.
Statewide numbers continue to look great: Media release: Georgia added jobs again in July as the state’s unemployment rate approached an all-time low. Preliminary figures showed Georgia’s number of employed residents continued to climb. Meanwhile, Georgia’s workforce dipped slightly again, says Labor Commissioner Mark Butler.
The July jobs number was a record again.
“It seems like we are setting a record for jobs almost every month,” Butler said. “I’d like to see the labor force start climbing. But we are creating jobs and people continue to get those jobs. Overall, I’m pleased with how Georgia did in July.”
Nationally, the unemployment rate was unchanged in July at 3.7 percent. Georgia’s rate dropped 0.1 percentage points to settle at 3.6 percent. A year ago, Georgia’s unemployment rate sat at 3.8 percent. Georgia’s all-time low of 3.4 percent was recorded in 2000.
Meanwhile, Georgia added 3,400 jobs in July, pushing the total to 4.62 million jobs – a new record for the state. That number is up nearly 75,000 from the same time last year.
“Georgia has consistently done as well or better than the national economy,” Butler said. “Georgia has a very mature, diverse economy.”
Georgia had two job sectors that added at least 1,000 jobs in July:
- Professional/business services, 1,800
- Trade/transportation/utilities, 1,000.
In terms of annual change, four sectors were up more than 10,000:
- Professional/business services, 16,700
- Education/health services, 15,900
- Construction, 12,400
- Leisure/hospitality 11,600.
In July, the number of employed residents went up again with a gain of 4,389 that pushed Georgia’s number of employed to 4.92 million. Georgia’s labor force slipped again in July, dropping by less than 1,000 versus a total work force of more than 5.1 million. Even with the monthly loss, the labor force total remained higher than the same month a year ago. At the same time, new claims for unemployment increased in July. The total number of claims filed in July climbed by 51 percent. They were down by about 6 percent compared with July 2018.
In July, EmployGeorgia.com noted about 66,000 job postings.