Stephens Co. Unemployment Drops Below 8 Percent
Stephens County’s unemployment rate drops below 8 percent for the first time in more than four years.
According to figures released last week by the Georgia Department of Labor, Stephens County had a preliminary unemployment rate of 7.7 percent in April.
That is down three-tenths of a percentage point from the revised March rate of 8 percent.
The 7.7 percent figure is the lowest that Stephens County’s unemployment rate has been since December 2008.
However, Labor Department numbers indicate that the number of employed individuals in Stephens County has dropped slightly from March to April as the labor force has decreased.
More people were employed this past April in Stephens County than were employed in April 2012 and the unemployment rate dropped by more than a percentage point from April 2012 to this past April.
Looking elsewhere around the region, Franklin County’s preliminary unemployment rate dropped two-tenths of a percentage point in April to 9.4 percent; Habersham County’s preliminary unemployment rate dropped four-tenths of a percentage point in April to 7.7 percent; and Banks County’s preliminary unemployment rate dropped three-tenths of a percentage point in April to 5.5 percent.
The Georgia Mountains region, which includes Stephens County, had a preliminary April unemployment rate of 6.9 percent, down two-tenths of a percentage point from the revised March rate of 7.1 percent.