Georgia's Unemployment Rate Drops In March

Georgia's Unemployment Rate Drops In March

Georgia's Unemployment Rate Drops In March

Employers across the state added 10,700 nonfarm jobs in March, according to preliminary estimates from the federal Bureau of Labor Statistics.

In Orange County, where seasonally adjusted numbers were not available, the unemployment rate was 3.7 percent, the same as the previous month.

But the Jacksonville areas saw the most job growth in the past year in professional and business services with 6,100 new jobs created in those industries.

The trend follows the national unemployment rate, which fell two-tenths of a percent to 4.5 percent in march.

The unemployment rate, Gov. Terry McAuliffe said, is the lowest it has been since May 2008 and is below the national rate. The state added an estimated 49,000 jobs from March 2016 to March 2017. The labor force consists of employed residents and those who are unemployed and actively looking for jobs.

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The government sector, which includes public education, public administration agencies and state-owned hospitals, rose by 1,800 jobs in March 2017, but has declined by 1,200 positions since last March.

The monthly report also suggests that South Carolina's job gains are settling into a relatively moderate pattern after blazing growth in 2016. Lincoln's was 2.6 percent, compared with February's revised 2.8 percent rate. Small increases were reported in trade, transportation, and utilities (+1,600), leisure and hospitality (+1,500), and other services (+1,300).

Leisure and Hospitality lost 400 jobs (-0.1%) over the month.

Gov. Rick Scott was heralding the figures, which represented the second month of consecutive drops in the unemployment rate.

Employ Georgia, the GDOL's online job listing service at employgeorgia.com, showed 85,055 new job postings statewide for March.

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