|The Georgia Department of Labor (GDOL) announced today that the unemployment rate in the Northwest Georgia region in March was 4.9 percent, down three-tenths of a percentage point from 5.2 percent in February. In March 2016, the rate was 5.5 percent.
The rate declined because more people became employed as the labor force continued to grow.
The number of employed residents increased by 2,199 to 393,375, as the labor force grew by 940 to 413,528. The labor force consists of employed residents and those who are unemployed, but actively looking for jobs.
The number of initial claims for unemployment insurance, a measure of new layoffs, rose by 1,038 or 39.5 percent, to 3,669. Most of the increase came in manufacturing. Over the year, claims were down by 516, or 12.3 percent, from 4,185 in March 2016.
Metro Gainesville had the lowest area jobless rate at 4 percent, while the River Valley region had the highest at 6.1 percent.
Meanwhile, Georgia’s seasonally-adjusted unemployment rate for March was 5.1 percent, down from 5.3 percent in February. It was 5.5 percent in March 2016.
Job seekers and employers are encouraged to use GDOL’s online job listing service employgeorgia.com to search for jobs or recruit new employees. In March, 4,179 new job openings in the Northwest Georgia region were posted on Employ Georgia. Throughout the state, 85,055 new job openings were posted.
Metro Rome’s unemployment rate declines to 5.3 percent in March