News release, Aug. 23, 2007K

Georgia

Department of Labor

NEWS RELEASE

SUITE 642



(404) 232-3685

148 INTERNATIONAL BOULEVARD, N.E.



ATLANTA, GA 30303-1751



FAX (404) 657-9996

Communications@dol.state.ga.us

Michael Thurmond
Commissioner

Sam Hall
Director of Communications

Aug. 23, 2007. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FOR IMMEDIATE RELEASE

Metro Gainesville's unemployment rate increases in July

ATLANTA The Georgia Department of Labor reported today that the unemployment rate in the metro Gainesville area rose to 4.0 percent in July, up one-tenth of one percent from 3.9 percent in June.

Meanwhile, the state's unemployment rate increased to 4.9 percent in July, up two-tenths of one percent from 4.7 percent in June. The state's rate also matched the U.S. unadjusted rate of 4.9 percent in July.

Unemployment often increases in July as students who entered the workforce in June looking for temporary summer employment are not able to find jobs right away, and recent high school and college graduates continue to seek permanent jobs. Unemployment rose by 10,614 in July.

While the state's rate was up in July, it was down two-tenths of one percent over the year, from 5.1 percent in July of 2006.

Also, from June to July of 2007, Georgia lost 24,400 payroll jobs, with 80 percent of those among seasonal workers in public schools. In metro Gainesville, the number of jobs was down 100, or one-tenth of one percent, from 75,100 to 75,000.

Georgia labor market data are not seasonally adjusted and are available at www.dol.state.ga.us.

NEWS MEDIA NEEDING ADDITIONAL INFORMATION MAY CALL (404) 232-3685. TABLE AND GRAPHS REFLECTING LABOR MARKET DATA ARE AVAILABLE AT http://www.dol.state.ga.us/pr/current_data.htm

CY-07-297