Stephens Co. Unemployment Rate Drops in March
Stephens County receives good news on the unemployment front.
According to the statistics for the month of March released this week by the Georgia Department of Labor, Stephens County’s preliminary unemployment rate dropped to 8.1 percent.
March’s preliminary rate is three-tenths of a percentage point lower than the revised February rate of 8.4 percent.
Labor Department figures also show that 12,176 people were employed in Stephens County last month, an increase of 10 from the revised February number, while the total labor force of 13,243 was down by 44 from February.
Last month’s preliminary unemployment rate is over a percentage point lower than the March 2012 revised rate of 9.4 percent.
More people were employed this past March than in March 2012, but the labor force is also smaller.
Neighboring counties also saw their unemployment rates drop in March.
Franklin County’s preliminary unemployment rate for March dropped seven-tenths of a percent to 9.6 percent; Habersham County’s preliminary unemployment rate went down four-tenths of a percent to 8.1 percent; and Banks County saw a six-tenth of a percent drop to a preliminary unemployment rate of 5.8 percent.
The Georgia Mountains region’s preliminary unemployment rate for March was 7.1 percent, down four-tenths of a percent from February.