Augusta Economy

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Augusta area unemployment rate declines to 6.6 percent in March

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As 500 more people found jobs in March, it pushed down the metro Augusta unemployment rate.

The Georgia Department of Labor reported Thursday that the metro’s unemployment rate was 6.6 percent in March, a slight decrease from 6.7 percent in February. The rate was 7.7 percent in March a year ago.

The department reported last week that there were more jobs in education and health services, construction and professional and business services.

Labor department data said there were 242,228 people with jobs in the area and 17,107 unemployed.

The six counties that make up the Augusta metro statistical area had mixed results. Richmond, Columbia and McDuffie counties ticked upward in jobless percentage, while Aiken, Edgefield and Burke counties went downward.

Comparing other metro areas in Georgia, Athens had the lowest area jobless rate at 5.1 percent, and the Heart of Georgia-Altamaha region had the highest at 9.4 percent. In South Carolina, Greenville had the lowest at 4.5 percent, while Florence had the highest at 6.3 percent.

Georgia’s seasonally adjusted unemployment rate for March was 7 percent, down from 7.1 percent in February. The rate was 8.4 percent in March a year ago. South Carolina reported 5.5 percent unemployment for March, also a decline from February.

COUNTY UNEMPLOYMENT

Richmond County: 8.2 percent in March, up from 8 percent in February, down from 8.8 percent in March 2013

Columbia County: 5.6 percent in March, up from 5.3 percent in February, down from 6.1 percent in March 2013

Aiken County: 5.3 percent in March, down from 6 percent in February, down from 7.3 percent in March 2013

Burke County: 8.5 percent in March, down from 8.9 percent in February, down from 12.1 percent in March 2013

Edgefield County: 6.4 percent in March, down from 6.8 percent in February, down from 7.9 percent in March 2013

McDuffie County: 7.8 percent in March, up from 7.6 percent in February, down from 8.6 percent in March 2013.

Sources: Georgia Department of Labor, South Carolina Department of Employment and Workforce

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itsanotherday1
58387
Points
itsanotherday1 04/24/14 - 10:06 am
3
0
I wonder what the "real"

I wonder what the "real" ( U6) unemployment rate is? 6.6% on its face is not horrible, since I believe I read that around 4% is the practical floor.

itsanotherday1
58387
Points
itsanotherday1 04/24/14 - 10:12 am
4
0
A good primer for those who

A good primer for those who believe the smoke and mirrors numbers your government tosses out.

http://www.mintpressnews.com/real-unemployment-rate/189377/

bdouglas
7264
Points
bdouglas 04/24/14 - 11:18 am
3
0
Unemployment rate down!

Unemployment rate down! Buuuuut....for this same report last year we still have nearly 3,000 less jobs now than we did last year.

Source: http://www.dol.state.ga.us/pdf/pr/laborforce.pdf

bclicious
888
Points
bclicious 04/24/14 - 12:57 pm
5
0
PROPAGANDA!

Propaganda! I am not saying that the Augusta Chronicle is doing a poor job or anything like that, but all the statistics involving unemployment and the department of labor are a farce. Not everyone who becomes unemployed is counted in the unemployment statistics because they never qualified for unemployment in the first place. Also, when a person no longer qualifies for unemployment, they are not counted anymore as well.

At a minimum, this leads to a false sense of security.

Navy Gary
1615
Points
Navy Gary 04/24/14 - 01:10 pm
3
0
Lies

Lies, all lies.

corgimom
51575
Points
corgimom 04/24/14 - 03:18 pm
1
1
Well, Countyman will be happy

Well, Countyman will be happy that the METRO area was included.

But since Augusta is BOOMING (just ask him), WHY is the unemployment rate in RC higher that all but one county?

Clemsondoc
189
Points
Clemsondoc 04/24/14 - 06:28 pm
2
0
Unemployment in SC

Say what you want about how the numbers are calculated but the number of job announcements and large corporations opening operations in South Carolina over the last four years has been staggering. Politics aside, Nicky Haley deserves major credit in making SC an industry leader of the South. I've lived in SC most of my life in different areas of the state but don't ever remember a time when the unemployment rate has been lower than neighboring NC and GA and it's been that way for most of the last four years. Here's to hoping the trend continues and that the Augusta area as a whole picks up the pace in job announcements and growth.

corgimom
51575
Points
corgimom 04/25/14 - 09:43 am
0
0
Yeah, too bad the roads in SC

Yeah, too bad the roads in SC are like something you'd see in a Third World country.

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