April Unemployment Rate Declines In Metro

9:42 AM, May 27, 2010   |    comments
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ATLANTA -- The Georgia Department of Labor (GDOL) reported Thursday that the preliminary unadjusted unemployment rate in metro Atlanta declined to 9.8 percent in April, down six-tenths of a percentage point from a revised 10.4 percent in March. Meanwhile, the number of unemployed workers in the metro area decreased to 261,748 down 14,975 from 276,723 in March.

The state's seasonally adjusted unemployment rate declined to 10.4 percent in April, down one-tenth of a percentage point from a revised 10.5 percent in March. This is the 31st consecutive month Georgia has exceeded the national rate, which is now 9.9 percent. The state's April jobless rate was up 1.2 percentage points from 9.2 percent at this same time last year. The jobless rate in metro Atlanta in April 2009 was 8.6 percent.

Also in April, 29,361 laid-off workers in metro Atlanta filed initial claims for unemployment insurance (UI) benefits, a decrease of 4,938, or 14.4 percent, from 34,299 filed in April 2009.

Statewide, 60,661 laid-off workers filed initial claims, a decline of 23,685, or 28.1 percent, from 84,346 filed in April 2009. Most of the first time claims were filed in trade, manufacturing, construction, and administrative and support services.

The state showed a modest increase in new jobs in April for the third consecutive month. The number of jobs increased 26,900, or seven-tenths of a percentage point, from 3,794,700 in March to 3,821,600. However, the number of jobs remains less than in April 2009, when there were 3,912,700 payroll jobs, 2.3 percent or 91,100 more than this year.

Metro Atlanta's job market also showed a modest improvement for the third consecutive month. The number of payroll jobs in metro Atlanta increased 18,100, or eight-tenths of a percentage point, from 2,246,700 in March to 2,264,800.

Local area unemployment rates are not seasonally adjusted. Georgia labor market data are available at www.dol.state.ga.us

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