Monday, March 7, 2011

Unemployment at 10.4% in Georgia

January's unemployment rate in Georgia remained at 10.4 percent, an all-time high. The December jobless rate, originally reported at 10.2 percent, was adjusted to 10.4, which is the same rate as January 2010. It was the 40th consecutive month that Georgia's unemployment rate has exceeded the national average, which is now 8.9 percent. Georgia Labor Commissioner Mark Butler said, "Other troubling signs are that in the same 12-month period, the number of jobs has shown a miniscule increase, while the number of long-term unemployed has increased significantly."

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