Area Unemployment Figures Released

November 26, 2012

Preliminary unemployment figures for October show that Stephens County’s unemployment rose last month.

According to figures released last week from the Georgia Department of Labor, the preliminary October unemployment rate in Stephens County is 8.9 percent. That represents a four-tenth of a percentage point increase from the revised September rate of 8.5 percent.

The preliminary October labor force for Stephens County decreased by 15 from September, while the number of employed went down by 72 and the number of unemployed went up by 57.

This October’s preliminary unemployment rate is nine-tenths of a percentage point lower than the revised October 2011 rate of 9.8 percent.

The preliminary October labor force is 4 higher than October 2011, while the number of employed is 120 higher and the number of unemployed 116 lower.

Looking at figures for the whole Georgia Mountains region, October’s preliminary unemployment rate remained at 7.2 percent, the same as the revised September rate. October’s preliminary rate is 1.1 percent lower than October 2011.

Elsewhere, Franklin County’s preliminary October unemployment rate increased two-tenths of a percentage point to 10 percent, Habersham County’s preliminary unemployment rate went up five-tenths of a percentage point in October to 8.6 percent, and Banks County saw a two-tenth of a percentage point increase in its preliminary unemployment rate for October as it rose to 6.2 percent.

 

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