0

Georgia unemployment rate drops to 8.7 percent

ATLANTA — Georgia's seasonally adjusted unemployment rate dropped to 8.7 percent in October, down from 9 percent in September, state labor officials said. That compares to a jobless rate of 9.7 percent a year ago, according to new figures announced early Thursday by the Georgia Department of Labor.

A total of 36,000 new jobs were added, the largest September-to-October job increase ever, Georgia Labor Commissioner Mark Butler said.

The job growth pushed the number of jobs in October to the highest level in any month since December 2008, he said.

The state's labor force also continued to increase, climbing to 4.79 million in October. That represents a gain of 17,438 workers since September.

"Our labor force has grown consistently over the past year, indicating that Georgians are more optimistic about finding a job, and fortunately, we've had the job growth necessary to put these people to work," Butler said.

The unemployment figures come as Georgia economists issued their forecasts for the coming months, which suggest continued sluggishness next year followed by strong growth in 2014.

Uncertainty over what's become known as the looming "fiscal cliff" has already done damage to the U.S. economy, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University's J. Mack Robinson College of Business.

"The damage from the fiscal cliff is done and playing out now," Dhawan wrote in his quarterly Forecast of the Nation, released this week. "The issue is, can we can contain it?"

Congress reaching a deal on the issue is of paramount importance because the U.S. must turn to domestic sources to fuel economic growth in the coming year, Dhawan says. He says that's because exports are down, falling 3.5 percent in the third quarter of 2012, a sharp reversal from 7.0 percent growth in the second quarter.

The downward trend for exports will be reflected in Georgia due to a worldwide economic downtown that's hitting China and Europe particularly hard, Dhawan predicts.

Though Georgia exports grew by almost 20 percent in 2011, numbers through July of this year show an increase of only 2.3 percent.

Troubles in the international economy and the decline in exports will ripple through other Georgia industries, Dhawan predicts.

"A global slowdown led by China affect Georgia's transportation and manufacturing sectors via lower demand for state exports -- especially of machinery, aircraft and vehicles," Dhawan said in his report.

Comments

Sandykin 1 year, 8 months ago

It's a step in the right direction. Now if we can just get salaries back up to where they can support a family, that would be great. We can start with mine, that'd be okay with me.

3

JV 1 year, 8 months ago

An August 2012 study by the liberal National Employment Law Project (NELP) finds that 58 percent of all jobs recovered in the last two years have been in low-wage occupations, which grew 2.7 times faster than mid-wage and higher-wage jobs. Other key findings included:

Lower-wage occupations were 21 percent of recession losses, but 58 percent of recovery growth.

Mid-wage occupations were 60 percent of recession losses, but only 22 percent of recovery growth.

Higher-wage occupations were 19 percent of recession job losses, and 20 percent of recovery growth.

Three low-wage industries have added 1.7 million jobs in the recovery and constitute 43 percent of total net growth: food services, retail, and administrative, support and waste management services (largely employment services, i.e., temp jobs).

The study examined employment trends in 366 occupations using the government's wage and job survey, known as the Current Population Survey (CPS). "In short," concludes the report, "America's good jobs deficit continues."

http://www.nelp.org/page/-/Job_Creation/LowWageRecovery2012.pdf?nocdn=1

4

kevin 1 year, 8 months ago

this is nothing! Wait until Feb when the temps are let go. Besides, corporations are still laying off and then hiring part-time people, if needed. Early retirements being forced also. No benefits needed forfor pat-time people, including health insurance options. I guess the Liberals also count part timers as full-time in the scheme of things to look good. 8.7% (actually 11%) is still horrible for the state of Ga.

3

Mack711 1 year, 8 months ago

Most are now working 2 part time jobs in order to keep up with their bills. There are no benefits to be had. Most large companies are not offering retirement benefits, medical insurance and other benefits. They are cutting back to the bone and do not see in improvement in the near future. When January and February roll around you will see the unemployment rate rise back to 8.5% or higher. There are a lot of 'seasonal' jobs' being offered as a second job just to stay afloat. Did they count the ones who have stopped looking and have run out of unemployment benefits? Probably not. if they did the true number may be around 14% or greater. Remember you can make numbers say anything you want, just work them in your favor.

4

Why_not 1 year, 8 months ago

Before you start blaming liberals for everything thats going on, Remember under what president these massive job losses began to occur. this is without a doubt called "selective memory". You say the same things over and over so it's obvious you believe them now. Typical tea bagger attitude.

1

Sthrnldy 1 year, 8 months ago

Bless your Heart! I suggest you check out charts and statistics that show the job losses with Bush, the job losses after the stimulus, and job losses during the American Idol Obama years so far. Quite frankly the economy, jobs and the money that runs this country started to freeze up once we realized what we were getting in so-called leadership in this country. Now your kind goes and re-elects a failure for revenge.

You are about to get what you voted for. Why_not, you deserve it!

1

kevin 1 year, 8 months ago

go get a life man. maybe the Liberals like you should also blame G. Washington, the guy who started our Constitutional capitalist small government. While you are at it, throw in J. Carter for his terrible record and a 20+% inflation rate. It didn't take the " real depression" period 4-8 yrs to turn around.

0

R 1 year, 8 months ago

Leave Jimmy alone, he just never thought about having QE FOREVER Bernanke run HIS FED.

0

Cleanupguy 1 year, 8 months ago

Odd that I see absolutely no sage suggestions for improvement here, only more of the pointless sky falling garbage. Personally, I have much more confidence in America than to believe that this is doomsday, or conversely that it will either magically fix itself or that pessimism will help - being whiney weenies ain't what made us what we are, and definitely not the stuff that rebuilt it after the Great Depression. The truth is that there are only two ways to improve the economy: consumer spending and government spending. Maybe now that some of the political smoke is clearing, the jobs bill that has oddly been stalled in Congress for so long (surely not an election going on or anything) might actually be passed, just for starters. I'd suggest a look at the BLS numbers readily available - beats speculation, fuzzy math and nay-saying any day.

1

notblind 1 year, 8 months ago

I'm wanting some of that Kool Aid you are drinking !!!!

3

NewsReader 1 year, 8 months ago

You want suggestions? The sky didn’t start falling until the 47%ers mobilized and elected this socialist agenda driven buffoon for another four years. If you think unemployment is nothing today, just wait until after the first of the year. The “whiney weenies” (aka moochers and looters) were not the majority back then as they are now. Obama didn’t win anything. The Republicans single handedly lost this election. This election told a much bigger story about America and what it has become than any other election. For someone who pretends to have spent so much time in the conservative forefront, your thoughts and actions demonstrate that of a communist, I mean socialist, I mean democrat!

3

notblind 1 year, 8 months ago

I am very afraid that Mitt Romney had no idea what he was talking about when he trotted out that 47% number. I think the real number is 51%. After the illegals and all other foreign nationals that asks for it are given voting rights then the [D] will be untouchable in presidential elections. Checks and balances are about to become very important.

3

Cleanupguy 1 year, 8 months ago

Still awaiting all of your great suggestions - got any? Da Nile is still a river in Egypt! Yes, it told a bigger story than most (definitely not all) other elections - the people rejected what they saw as a sham, exercised the deomocratic process and re-elected a leader. The country is changing and it has spoken. Get over it. Notice how one can be adult and civil and not have to resort to mindless name-calling?

1

news2me 1 year, 8 months ago

Congratulations Cleanupguy, you mean to tell us you have another job / personality? Are you working part-time as one of Santa's little elves?

3

Cleanupguy 1 year, 8 months ago

Very astute, thoughtful, insightful and mature comment. Perhaps you should treat Independents (you know, those that do not swear a lifetime allegiance by the political brand and are able to fully process cognitive thoughts) a little better, since they seem to be the only ones standing with a clue.

0

Why_not 1 year, 8 months ago

You are absolutely right. The middle class has always driven the economy. The "trickle down" theory has never worked. When the working middle class has more income to spend, the economy has always been good. Keeping the tax cuts for the middle class and allowing them to expire for the wealthy will drive the economy.

2

Sandykin 1 year, 8 months ago

It will only do so if the jobs us middle class folks have not only pay the bills, but also provide disposable income to spend on non-necessities. If all you're doing is keeping up with the mortgage, health insurance, student loans, credit card payments, utilities and food, and not spending it on entertainment, cars, vacations, etc., the middle class cannot drive the economy. It takes disposable income to boost the status quo.

4

R 1 year, 8 months ago

It will only help the ECONOMY if the revenue isn't wasted - and no proof has been offered that we have even the SLIGHTEST chance that will occur.

Till then, it only buys even more spending that the middle class will pay for in INCREASED taxes on itself!!!

OPEN your eyes Government isn't here to HELP on this one...

0

StinknBadges 1 year, 8 months ago

The Twinkie.... it can survive a nuclear war.... but it can't survive the US economy of 2012.

3

JV 1 year, 8 months ago

Millions More Americans In Poverty Than Previously Estimated: Census Bureau

California tops the list, hurt by high housing costs, large numbers of immigrants as well as less generous tax credits and food stamp programs to buoy low-income families. It is followed by the District of Columbia, Arizona, Florida and Georgia.

November 14, 2012

http://www.huffingtonpost.com/2012/11/14/american-poverty-2012_n_2130544.html

3

KP 1 year, 8 months ago

I have a great idea. Those that voted this lame president in again should be taxed extra for being dumb. Those that did not vote him in no tax increase. I just do not understand how you can vote for HIM again when he really has done nothing and we have 4 people dead in Benghazi with no protection. Classic case of The Dumbing of America syndrome.

3

Why_not 1 year, 8 months ago

Have you forgotten the terrorist attacks under Bush and by the way, Reagan also?

1

notblind 1 year, 8 months ago

Have you forgotten that Bush and Reagan are not currently in the White House? Anybody with a functioning brain would know to beef up security on 9-11.

2

R 1 year, 8 months ago

Yeah BUSH haters planes flying into buildings had NOTHING to do with a response by us...

0

Say_that_again 1 year, 8 months ago

Wow! Finally some common sense!! I am delighted to see that the some on the right finally realize that jobs should pay a decent wage. Now just tell your congressmen that you support an increase in the minimum wage. The one thing that has proven to consistently decrease unemployment!!!

0

notblind 1 year, 8 months ago

Heck yeah !!! Minimum wage should be at least $15 an hour . If the businesses can't afford to pay this much then President Obama can easily kick in the rest. Rolleyes. Another Kool aid drinker.

4

R 1 year, 8 months ago

By sending jobs across the border Twinkies SI? No?

0

Cleanupguy 1 year, 8 months ago

When in doubt, point fingers, run in tight circles, attack and shout - so very sad, NewsReader (you guaranteed us a Romney win, didn't you?). JV, etc. - I personally have a lot more faith in America than y'all apparently do. Glad that my forefathers did not make every effort possible to prove that things were terrible and worsening, rather than doing anything useful to improve them. Anyway, regarding the 47% stupidity, Georgia has the second highest (behind Mississippi) percentage of those who pay no income tax (readily available information), and receive much more back from than they pay in to the federal government (these are the “Takers” if you will – fun fact: according to the Census Bureau, 49% of food stamp recipients are white). This holds true for all of the “red (Republican) states” like Georgia, with the exception of Texas, which more than pays its way via oil money. Most of the “blue (Democrat) states” (notable exception California) take in more than they spend and basically support the “red states” (the “Takers”) like Georgia. Thus if we were to convince the “Takers” to secede (encouraging them to run like cowards, hide and sulk like babies) our budget woes would evaporate, the unpatriotic whining Takers would be gone, and the real American values that we hear so much about (personal responsibility and such) would return to us. We would, however, have to beef up our borders to keep the Takers out.

1

R 1 year, 8 months ago

Doesn't have ANYTHING to to with those undocumented citizens of other countries that become unavoidably detained passing though our borders during life's challenges??

0

Cleanupguy 1 year, 8 months ago

From NewsReader, from just before the election: "Hey Cleanupguy, enjoy your political rant. It will be meaningless in less than a weak...kinda like you!" Wrong then, (not to mention "weak"), wrong now, and your streak continues!

2

Bruce 1 year, 8 months ago

I bet Newsreader is on Foodstamps. Bet.

0

news2me 1 year, 8 months ago

I know one of Cleanupguy's personalities is on Foodstamps. One of him collects a disability check as well. He probably has voter identification for each of his alter egos.

2

Cleanupguy 1 year, 8 months ago

Wrong on all counts - Independent (thus the confusion of the blindly partisan), working job creator. Sorry to not fit in your elderly boxes. Again, nice useful comment there.

1

Cleanupguy 1 year, 8 months ago

My bet would be the old guy that yells at kids and dogs that even look at his yard.

0

news2me 1 year, 8 months ago

You are also an old guy that yells at kids and dogs? We are not suprised!

1

Dubbin 1 year, 8 months ago

OK everyone - time for economics 101.


The only way anything will ever get better is to keep our own money at home (instead of sending it to China and the Middle East) and to make things that you can sell to others (those are called exports). Anything that keeps our own working capital here or brings in working capital from abroad creates jobs. The way you make these changes is to enact tax and regulatory policies that make it easy to do business in the US so that global business will locate here and employ US workers. The other thing that has to happen is for us to quit buying all the cheap Chinese crap and produce our own energy.


To summarize: Make it easy to do business in the US. Produce our own energy. Make our own stuff and quit buying cheap imported crap.


No amount of taxing the rich or stimulus spending accomplishes any of these goals (especially spending on green energy companies that build cars in Finland or go broke). No amount of railing on about abortion or prayer in schools will accomplish these goals. No amount of food stamps or welfare state expansion will accomplish these goals. This is why no amount of Obama or Romney will do much of anything - but Romney at least had more of a clue than Obama.


What we need is an uprising of the public to elect leaders (from whichever party) who understand econ 101 and will quit pandering to the far left and far right nut jobs. I have little faith that any of this will happen because more people get a check these days than send one in and the Republican Party continues to nominate people who are more worried about imposing their religious views than fixing the economy.


There you go CLEANUPGUY. That's what we need to do. Off soapbox.

4

Mack711 1 year, 8 months ago

Agree with what you say. However let's take it one step furhter. We need to support American Based Companies. For instance if you live in Japan American made goods are taxed so high that most can not afford. What we need to say is if another country wants to sell in our market then we tax them at the same rate that they tax our goods that go into their country. The Japanese Auto makers forund that it is cheaper to open plants in America and Mexcio using NAFTA to import goods. What most do not realize is that the profits from the sale of these cars goes to Japan. If we taxed Japan just like they tax our goods you would not see a Japanese car anywhere. We need to support American compaines and reduce the amount of imports coming into the USA and the US Dollar going out of the USA. China is posioning us with lead based paints among other things. It has been proven that American made goods are better, and in most caes cheaper. One only has to watch the Made In America series on ABC news to see what America can do.

2

notblind 1 year, 8 months ago

It's a complex issue. Consider how many millions of Americans make their living selling, repairing, supplying replacement parts, etc for 'foreign' cars, trucks, motorcycles, atvs, etc. It does seem obvious that the playing field is not level but it's hard for the average Joe to make heads or tails of it because of all the misinformation put out by everybody including our own blasted government.

3

Cleanupguy 1 year, 8 months ago

And dump the Tea Poopies as well. Econ 101 also entails the fact that we cannot pay the existing credit card bills by just cutting spending. To balance a budget, at home or nationally, we need a balanced approach of revenue and spending cuts. Start with the most easily cut expense item - defense (along with let's stop invading places). Then ask those that have benefitted the most to kick in at the same rate as the rest of us. Check out the Congressional Research Service report commissioned and quashed due to unfavorable results just in time for the election which concluded that there is no correlation between top tax rates and economic growth.

0

Dubbin 1 year, 8 months ago

Really? Tea Poopies? Benefitted the most? Do you listen to yourself when you type? Again, you can't tax your way into prosperity. You may run a little more or less deficit but JOBS and BALANCE OF TRADE determine how well our economy does. As to benefitted? I've benefitted from educating myself, working hard, paying a load of taxes, and never taking a cent of government payoff - but now I need to pay more? Please.

3

Cleanupguy 1 year, 8 months ago

The Astro Turfing Tea Party represents only the likes of the infamous lobbyist Dick Armey, not the interests of citizens. Even Ronald Reagan learned that sometimes taxes have to be raised, and that is exactly what he did - 11 times, increasing revenues 7 of his 8 years, successfully reducing the 10.3% unemployment rate he temporarily faced by some well placed and rather brilliant economic measures. He also strongly believed that the wealthy should pay their fair rate, and not send their money out of the country to hide and relax. Same here on the life, but we're talking the very top tier here, not 98% of us.

0

notblind 1 year, 8 months ago

I'm glad to know that slightly increasing taxes on the top 2% is going to immediately compensate for Obama's spending spree. I listened to as much as my stomach could take of Obama's speech. I can't remember him even once say "...cut spending...". All I heard was "...the top 2%..." over and over.

3

Cleanupguy 1 year, 8 months ago

You didn't look awfully hard - it was noted frequently in the debates, on his website, policy speeches, etc. Balanced approach means revenue plus spending cuts, which sequestration will force equally.

0

Cleanupguy 1 year, 8 months ago

A bit more on the TP's: FreedomWorks founder and Tea Party Patriot biggie Dick Armey, while a partner at DLA Piper, represented Mujahedeen-e Khalq, which the State Department listed the as a "foreign terrorist organization". Armey’s Congressional career was disgraceful at best, ranging from influence peddling to sexual harassment, with sleazy cohorts such as Jack Abramoff and Jeff Landry and a famously lousy voting record (like to raise the budget ceiling five times) to boot. Yeah, boy, some real fine well connected folks there.

Armey got started with the TP as a means to continue his well funded lobbying agenda, which started with organizing local groups to appear in spontaneous demonstrations in support of his clients. Local efforts of his main paid minion can be seen regularly on the evening news, as you well know. As a 501(c)(4) organization they’re basically a tax exempt (read as “Takers”) lobbying group free from most of those pesky reporting regulations.

0

Sthrnldy 1 year, 8 months ago

Dubbin, a background info on our resident liar in chief:

Bless his heart, Cleanupguy has got some major issues! First he claimed to be a 30 year veteran Republican political blowhard with a 90ish percent success rate. Then he claimed to be a janitor. One time he claimed to be a manufacturer of what I think is BS. Then a few weeks before the election he claimed to be a poll worker. As I recall just before the election he claimed he was helping the Superstorm Sandy victims.

Cleanupguy lies about everytime he gets on here and posts his undying devotion to his American Idol Obama.

You'll love playing with our resident liberal lunatic with the multiple personality disorder!

3

R 1 year, 8 months ago

We have raised revenue before claiming we will cut costs later and LATER never comes, so lets take a different path this trip.

CUT FIRST then consider revenue enhancements...

0

R 1 year, 8 months ago

And review and eliminate excessive EPA regulations ( NO not all) that inhibit manufacturing here. The grand goal of raising standards in the world has been accomplished dear gifted liberals, its time to restore OUR national capabilities right here

0

news2me 1 year, 8 months ago

One of the Cleanupguys says: the people rejected what they saw as a sham, exercised the deomocratic process and re-elected a leader. The country is changing and it has spoken. Get over it.

We are over it. Obama won, but since you voted for him that makes you one of the biggest losers. A narrow margin of people voted on a failed leader and for their own selfish interests. They voted for revenge and the fact that Romney was poised to make them work for what they got. A significant portion of these people will never vote again. If they can't vote for their God Obama, they won't bother to vote! The country will change, but not the way you see it. You act as this is a victory, but it is just a nail in the coffin of the liberal way of life.

I find it pathetic that you need to consistently lie about your accomplishments on a habitual basis, yet you call one poster out for 1 (one) comment he made that was wrong. I guess being anonymous allows you to come here and lie about yourself and worship Obama. The other posters that constantly agree with your lies are no better than you.

These unemployment numbers are just a fake as you are. Just like you, the numbers lie enough to where they cannot be believed anymore.

3

Cleanupguy 1 year, 8 months ago

Oh really? What's my name and what do I do for a living? Do you actually know what the BLS is? What is your source for unemployment statistics?

1

Sthrnldy 1 year, 8 months ago

Bless your heart, Cleanupguys. What are your names and how many fantasy jobs have you claimed to have? My source for all of your lies and fantasy lives can be found under all of your posts, right here on this website!

The BLS is the Bureau of Labor Statistics, or in your case it should be Basic Life Skills. BS about Labor is more the reality of it all.

I am sure a couple of your personalities like to binge on HoHo's and Twinkies. Knock yourself out and celebrate with a few cases while you search the Internet for stats that support your delusions! Enjoy!

3

JV 1 year, 8 months ago

Woops... and now for the revised unemployment numbers. Of the 18K lossing their jobs, there are 450 at the Dolly Madison plant in Cloumbus, GA. There are also outlets in Austell and Riverdale.

Hostess Brands closing for good http://money.cnn.com/2012/11/16/news/companies/hostess-closing/

The closing will result in Hostess' nearly 18,500 workers losing their jobs as the company shuts 33 bakeries and 565 distribution centers nationwide, as well as 570 outlet stores.

2

Cleanupguy 1 year, 8 months ago

My company is currently opening a plant in south Georgia near Jessup - do we only take pride in the bad news?

1

Sthrnldy 1 year, 8 months ago

Bless Your Heart, Cleanupguys! Is this your imaginary company that manufactures BS? I hear that that demand has risen for BS since you helped to re-elect your American Idol Obama. Are you one of the mob union bosses that cleans up the BS? Please help us wade through all of your lies and multiple personality disorders.

Take pride in yourself and come clean of your multiple lies and BS!

3

Why_not 1 year, 8 months ago

You may be southern but you sure aren't a lady....hahaha

0

Sthrnldy 1 year, 8 months ago

Bless Your Heart, is that really the best you can come up with? hahaha

1

Say_that_again 1 year, 8 months ago

This bankruptcy and closing of Hostess Bakeries is so obviously the fault of Obama. If Romney had been elected, the plant would have stayed open so it could continue to make Twinkies, you know those snacks with high fat and sugar and virtually no nutritional value. Romney would have stepped in and helped them with a "controlled bankruptcy" so they could continue to churn out health risk snacks and thus helping keep doctors employed as well. Definitely was not the fault of the CEO's. Those smart business men, like the ones you want to run the country, can't be faulted for ignoring the changing trends and continuing investments in Twinkies and other high fat products. It must be the Democrats and their desire to have proper ingredient labeling on packages. If people didn't realize how bad they were nutritionally, they would have kept buying them.

1

Sthrnldy 1 year, 8 months ago

Bless your heart, Know_it_All! That first line was brilliant and a step in the Right direction in overcoming your addiction to your American Idol Obama. Next you need to work on that plagiarism problem that you admitted to. Reward yourself once you stop drinking the Kool-Aid and celebrate with a box or Twinkies or HoHo's. I am sure Obamacare will cover all of your bad lifestyle choices.

18K more people going on unemployment around the country. The countdown begins!

2

StinknBadges 1 year, 8 months ago

When it comes to dough it's a Wonder if you can get opposing Twinkies to agree on anything.

3

R 1 year, 8 months ago

BUT if it made GREEN Twinkies the Obama Admin would have shared Solyndra funds to make it whole...

RACISTS! But for a color funds would have been spent!

0

kayak 1 year, 8 months ago

Organized labor is what put Hostess out of business - the Obama voter army. Notice how organized labor, not a week after they elected Obummer, came around looking for their rewards. They may have won the battle but they lost the war (with Hostess management). I hope they enjoy the unemployment line.

2

JV 1 year, 8 months ago

Those darn capitalist! How dare they make a profit. This is Bush's fault I tell ya.

With Hostess shutdown, boxes of Twinkies, Ho Hos going for $100 and more on eBay

http://dailycaller.com/2012/11/16/boxes-of-twinkies-ho-hos-going-for-100-and-more-on-ebay/

3

news2me 1 year, 8 months ago

My company is currently opening a plant in south Georgia near Jessup - do we only take pride in the bad news?

Nice try Cleanupguys! If one of you really were going to open up a bull$hi+ manufacturing plant you could at least have some knowledge that the town is Jesup not Jessup. The legend of lies from Cleanupguys continues ...

2

Sign in to comment