Stephens Co. Unemployment Rises in October
Stephens County sees its unemployment rate rise in October.
The Georgia Department of Labor released the preliminary October unemployment figures for counties across the state last week.
Those numbers reported that Stephens County had a preliminary unemployment rate in October of 7.8 percent.
That is four-tenths of a percentage point higher than the revised September rate of 7.4 percent.
In October, Stephens County saw its total labor force drop by about 130 to 12,844, while the number of employed dropped by over 150 to 11,847 and the number of unemployed rose by about 30 to 997.
This October’s preliminary unemployment rate is a full 1.3 percentage points lower than the revised rate for October 2012, which was 9.1 percent.
However, the total labor force and number of employed are both smaller this October than they were last October. The number of unemployed is also smaller.
Last October, the labor force in Stephens County was just over 13,000, while the number of employed was 11,973 and the number of unemployed was 1,192.
Looking elsewhere around the area, Franklin County saw its preliminary October unemployment rate rise .5 percentage points to 9.2 percent; Habersham County’s preliminary October unemployment rate went up four-tenths of a percentage point to 7.2 percent; and Banks County’s preliminary October unemployment rate jumped three-tenths of a percentage point to 6.1 percent.