Unemployment rate drops slightly statewide

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ATLANTA – The Georgia Department of Labor announced that Georgia’s seasonally adjusted unemployment rate declined to 8.5 percent in November, down two-tenths of a percentage point from 8.7 percent in October. The rate was 9.5 percent in November a year ago.

“This is the lowest state unemployment rate in nearly four years, since it was 8.5 percent in January 2009,” said state Labor Commissioner Mark Butler. “Once again, the rate dropped because of continued job growth and fewer new layoffs.”

Over-the-year growth remains consistent, showing an increase of 61,900 jobs since November 2011. The growth was primarily in professional and business services, up 20,100; trade, transportation and warehousing, up 15,800; manufacturing, up 12,200; education and healthcare, up 11,700; leisure and hospitality, up 6,800; and information services, up 5,000.