Stephens Co. Unemployment Drops in August
Stephens County sees its unemployment rate drop in August.
According to figures released last week by the Georgia Department of Labor, Stephens County had a preliminary unemployment rate of 8.1 percent in August.
That is down eight-tenths of a percentage point from the revised July rate of 8.9 percent.
Also, this August’s rate is a full 1.2 percentage points lower than the revised August 2012 rate of 9.2 percent.
However, Stephens County’s labor force is also down from both July and August 2012 as this past August’s labor force dropped below 13,000.
Figures from the Department of Labor also show that the number of employed in August is slightly lower than it was in July, but is still slightly higher than the figures from August 2012.
Just over 11,900 Stephens County residents were listed as employed in August.
The number of unemployed did drop by over 100 in August from both July and August 2012 and is now under 1,100.
Neighboring counties also saw their unemployment rates drop in August.
Franklin County’s preliminary unemployment rate dropped 1.3 percentage points to 9.7 percent; Habersham County saw its preliminary unemployment rate go down by 1.1 percentage points to 7.9 percent; and Banks County’s preliminary unemployment rate went down in August by seven-tenths of a percentage point to 5.9 percent.