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Albany unemployment rate falls under 9 percent

ALBANY, Ga. — Buoyed by a drop in the number of unemployed people in the city, the Georgia Department of Labor says that Metro Albany's Seasonally Adjusted Unemployment Rate for March fell below 9 percent, ending the month at 8.9 percent.

While the number of jobs in Albany stayed steady at 61,000, the number of unemployed people dropped, statistics show.

"The rate declined because the number of unemployed people decreased to 6,582, down by 209 from 6,791 in February. While the number of jobs was unchanged at 61,000 from February to March, they were up by 400, or 0.7 percent, from 60,600 in March 2012," according to a monthly release from the GDOL.

Year-over-year, the unemployment rate contrasts with that of March 2012 when the rate was at 9.5 percent.

Southwest Georgia mirrored the trend.

According to the GDOL, the unemployment rate for the Southwest Georgia region dropped to 8.5 percent, down from 8.8 percent in February and 9 percent March 2012.

Again, the reason cited was drop in the number of unemployed people, GDOL says.

Metro Athens had the lowest area jobless rate at 5.9 percent, while the Heart of Georgia-Altamaha region had the highest at 10.4 percent.

Comments

VietVet1 12 months ago

unemployment down - welfare continues to go up - - Ah, can't beat that for Albany

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