CSRA's Unemployment Rate Declines To 9.6 Percent In August - WJBF-TV ABC 6 Augusta-Aiken

CSRA's Unemployment Rate Declines To 9.6 Percent In August

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Atlanta, GA -

The Georgia Department of Labor announced Thursday that the unemployment rate in the Central Savannah River Area (CSRA) region decreased to 9.6 percent in August, down eight-tenths of a percentage point from 10.4 percent in July. The rate was 10.3 percent in August a year ago.

The rate dropped because there was a significant reduction in layoffs. There were 1,812 new layoffs, represented by initial claims for unemployment insurance, which are 1,574, or 46.5 percent, fewer than the 3,386 in July. Much of the decline came in manufacturing, with additional reductions in administrative and support services, trade, and construction.

Over-the-year, the number of initial claims was down by 378, or 17.3 percent, from 2,190 in August 2012. Reductions were mostly in manufacturing, retail trade, professional and technical services, and accommodations and food services.

The labor force, which is the number of people employed plus those unemployed but actively looking for work, declined by 2,977 to 206,504 in August, down from 209,481 in July. And, it was also down by 1,318 from 207,822 in August 2012.

Metro Athens had the lowest area jobless rate at 6.1 percent, while the Heart of Georgia-Altamaha region had the highest at 11.9 percent.

Meanwhile, Georgia's seasonally adjusted unemployment rate for August was 8.7 percent, down from 8.8 percent in July. The rate was 9.0 percent in August a year ago.

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