Augusta Economy

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Metro Augusta jobless rate jumps to 8.4 percent in May

Thursday, June 27, 2013 6:58 PM
Last updated 10:05 PM
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Metro Augusta’s unemployment rate jumped from 7.6 percent in April to 8.4 percent in May, according to figures released Thursday by the Georgia Department of Labor.

The spike in the unemployment rate is attributed to seasonal layoffs after the Masters Tournament. The number of jobless people rose by 1,850 from April to May.

The total number of jobs decreased by 2,000. Many of the jobs lost were in leisure and hospitality and state education.

Metro Athens had the lowest state jobless rate, at 6.2 percent; and the Heart of Georgia-Altamaha region had the highest, at 11.5 percent, according to the Department of Labor.

The unemployment rate in the Central Savannah River region increased from 8.5 percent in April to 9.3 percent in May.

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dichotomy
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dichotomy 06/27/13 - 07:29 pm
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Ah, the Obama economy. And

Ah, the Obama economy. And next year we get rest of the Obamacare economy...and pretty soon the War on Coal economy. Hope ya'll folks got lots of savings in the bank.

Dixieman
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Dixieman 06/27/13 - 09:34 pm
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dichotomy

nails it. When are people going to start connecting O's stupid policies with the terrible economy??
Can't wait for 2016.

fedex227
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fedex227 06/27/13 - 09:45 pm
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god forbid we assign any responsibility or accountabilty ...
Unpublished

to state, city, or local economic policies or initiatives. Let's just blame President Obama (it's soooo easy, ain’t it?)
On a much larger scale 35 states showed either a decrease or no change in the unemployment rate. Employment actually increased in more than 27 states in May 2013. No one regrets having to live in a shortsighted/economically unimaginative state more than I. But perhaps if we look to states like Ohio, Texas, and Michigan, and see what they're doing right we might be able to dig ourselves out of our current economic doldrums.

Instead of pulling out our 'it's all Obama's fault' handkerchief and crying into it.

CobaltGeorge
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CobaltGeorge 06/27/13 - 09:56 pm
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Please

keep this information away from "countyman"

thauch12
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thauch12 06/28/13 - 08:58 am
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This means nothing

As anyone with even a basic understanding of macroeconomics will tell you, these figures really don't mean much. To consider a seasonal job at the Masters true "employment" is downright comical if you stop and think about it. For most, it was a side job, definitely not something one could really live off (it's a week-long tournament after all).

This unemployment figure says nothing about those who stopped looking for work or accepted jobs for which they are overqualified (the "malemployed") or are "underemployed." Granted, the economy obviously isn't in the best shape (although in the big picture, things aren't as bad as they once were) but don't get your panties in a wad over these largely meaningless figures.

corgimom
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corgimom 06/28/13 - 07:35 am
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You could put Kermit the Frog

You could put Kermit the Frog in the White House, and the unemployment rate wouldn't change.

Too many jobs have left the country, there are too many workers and too few people. This has nothing to do with Obama, Bush, or anybody else.

The next president isn't going to be able to do anything, either. The only way that it will get better is if we go back to the old way- people buying things on credit that they can't afford. The "prosperity" really wasn't, it was artificially inflated by the enormous use of credit.

And we all know that there is a day of reckoning when you do that, you can't borrow forever, and that day is now here.

soapy_725
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soapy_725 06/28/13 - 07:52 am
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What seasonal lay off? Summer coming on? Up and down.
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Only countyman knows the truth.

soapy_725
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soapy_725 06/28/13 - 07:52 am
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soapy_725
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soapy_725 06/28/13 - 07:53 am
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The black and gays can now fight over the CBD. Hallelujah!!
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The black and gays can now fight over the CBD. Hallelujah!!

nocnoc
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nocnoc 06/28/13 - 08:58 am
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THIS CAN'T BE....

President Santos (aka B. Obama) and our own Countyman
told us things were getting better.

rmwhitley
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rmwhitley 06/28/13 - 05:38 pm
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Ain't the
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obama regime wonderful? Guess the percentage of his cabinet and staff that have actually worked for a living ( with the exception of being a gubmint employee or community organizer)? 8%. Class act, them libbies.

chascushman
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chascushman 06/29/13 - 03:30 pm
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" You could put Kermit the
Unpublished

" You could put Kermit the Frog in the White House, and the unemployment rate wouldn't change."
I disagree. FDR put the great in the depression and the commie in the WH has put the great in the latest recession.

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