LABOR FORCE TRENDS Unemployment rate unchangedinJanuary Georgia's unemployment rate declined slightly Unemployment rates - Georgia and U.S. 7.0o/o~~~~~~~~~~~~~~~~~~~~~~~~~~~~ to 3.7 percent in January. Monthly and annual average civilian labor force data for 1997 have been re-estimated and the revised rate for December was 3.8 percent. One year ago in January 6.0% 1997, the revised rate was 4.5 percent. 0. Georgia's annual average unemployment rate for 1997 was 4.5 percent. The state's unemployment rate peaked in June at 5.2 percent, and with 5.0% the exception of June and July, the number of unemployed persons stayed below 190,000 ev- ery other month and averaged 177,305 for the year. The civilian labor force and total civilian 4.0% employment peaked in November and total em- ployment averaged 3,729,942 for the year. The unemployment rate usually increases in January. According to a newly revised historical series for Georgia, a decline of one-tenth of a * Georgia a- U.S. 3.0%-+-~--,.~~-.--~--r--~'-r~~~~~~~~~--'--~~~~~~~----1 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan percentage point in January 1997 was the first 97 I 98 time the unemployment rate had declined from December to January since econometric models were first used to calculate the state's jobless rate tinues to compare favorably with the nation. The 1997. in 1978. Since 1978, however, the unemploy- U.S. unemployment rate, not seasonally adjusted, This year in January, total civilian employ- ment rate has remained unchanged six times from increased from 4.4 percent in December to 5.2 ment followed the same trend as nonagricultural December to January. percent in January. The annual average unem- employment and declined by nearly 47,000 over The unemployment situation in Georgia con- ployment rate for the U.S. was 4.9 percent in the month. Despite an increase in the number of Southeastern unemployment rates unemployment insurance claimants, the number of unemployed persons declined by about 4,000 from December to January due to fewer numbers II January 1998 f0 December 1997 of new and re-entrants in the labor force. Area data 6% ..................................... . The unemployment rate was unchanged in the Atlanta, Augusta-Aiken, and Macon Metropolitan Statistical Areas (MSAs) from December to January. All other metro areas in Georgia registered lower unemployment rates as did 80 counties. The jobless rate went up in 62 counties and 17 counties remained the same. Bacon County, at 12.3 percent, had the highest rate in the state and was one of six counties with double-digit unemployment rates in January. Oconee County, at 1.7 percent, registered the lowest rate in the state. AL 10 FL GA KY MS NC SC TN Georgia had the lowest unemployment rate in the southeastern region in January. Georgia was also the only southeastern state where the unemployment rate declined over the month from December to January. Mississippi, which recorded the largest increase, also had the highest rate in the region. - ~--~'861ft61Al2Asd~~F=o-RcEESTIMATES ":f'!&~pp_OF,R~l_R~_N~~-lf'EB.!?.Q_l)!~,!.fu~EAl;l?QL.DANJ>OV_ER . __ . .. AREA Georgia (Not seasonally adjusted) Albany MSA Athens MSA Atlanta MSA Augusta-Aiken, GA-SC MSA Columbus, GA-AL MSA Macon MSA Savannah MSA EMPLOYMENT STATIJS Civilian labor force Employed Unemployed Rate Civilian labor force Employed Unemployed Rate Civilian labor force Employed Unemployed Rate Civilian labor force Employed Unemployed Rate Civilian labor force Employed Unemployed Rate Civilian labor force Employed Unemployed Rate Civilian labor force Employed Unemployed Rate Civilian labor force Employed Unemployed Rate PRELIMINARY JAN1998 3,878,101 3,733,445 144,656 3.7 56,932 53,493 3,439 6.0 71,807 69,794 2,013 2.8 2,056,054 1,995,103 60,951 3.0 199,088 188,522 10,566 5.3 120,715 115,840 4,875 4.0 151,891 145,498 6,393 4.2 132,642 127,606 5,036 3.8 . REVISED DEC1997 3,928,804 3,780,124 148,680 3.8 57,789 54,250 3,539 6.1 72,912 70,800 2,112 2.9 2,080,337 2,017,982 62,355 3.0 200,448 189,894 10,554 5.3 122,308 116,838 5,470 4.5 152, 132 145,694 6,438 4.2 132,512 127,299 5,213 3.9 REVISED JAN1997 3,804,885 3,631,892 172,993 4.5 56,324 53,026 3,298 5.9 70,842 68,836 2,006 2.8 1,998,697 1,924,534 74,163 3.7 201,182 188,512 12,670 6.3 119,892 114,196 5,696 4.8 147,955 141,494 6,461 4.4 130,991 124,375 6,616 5.1 - -~----~ __ , ~ CHANGE FROM REVISED DEC1997 REVISED JAN1997 -50,703 -46,679 -4,024 73,216 101,553 -28,337 -857 608 -757 467 -100 141 -1, 105 965 -1,006 958 -99 7 -24,283 -22,879 -1,404 57,357 70,569 -13,212 -1,360 -1,372 12 -2,094 10 -2, 1 0 4 -1,593 -998 -595 823 1,644 -821 -241 3,936 -196 4,004 -45 -68 130 1,651 307 3,231 -177 -1,580 =-UNITED STATES LABOR FORCE ESTIMATES -. PLACE OF RESIDENCE - PE.RSONS 16YEARS OLD AND OVER United States (Seasonally adjusted) United States (Not seasonally adjusted) EMPLOYMENT STATIJS Civilian labor force Employed Unemployed Rate Civilian labor force Employed Unemployed Rate JAN1998 137,493,000 131,083,000 6,409,000 4.7 135,951,000 128,882,000 7,069,000 5.2 DEC1997 137,169,000 130,777,000 6,392,000 4.7 136,742,000 130,785,000 5,957,000 4.4 JAN1997 135,729,000 128,541,000 7,188,000 5.3 134,317,000 126,384,000 7,933,000 5.9 CHANGE FROM DEC1997 JAN1997 324,000 306,000 17,000 1,764,000 2,542,000 -779,000 -791,000 -1,903,000 1, 112,000 1,634,000 2,498,000 -864,000 NOTE: Employment includes nonagricultural wage and salary employment, self-employed, unpaid family and private household workers and agricultural workers. Persons in labor disputes are counted as employed. The use of unrounded data does not imply that the numbers are exact. Georgia and Metropolitan Statistical Area data have not been seasonally adjusted. Seasonally adjusted data for Georgia available upon request. Albany MSA: Athens MSA: Atlanta MSA: Augusta-Aiken MSA: Columbus MSA: Macon MSA: Savannah MSA: includes Dougherty and Lee counties. includes Clarke, Madison and Oconee counties. includes Barrow, Bartow, Carroll, Cherokee, Clayton, Cobb, Coweta, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Spalding and Walton Counties. includes Columbia, McDuffie and Richmond counties in Georgia and Aiken and Edgefield counties in South Carolina. includes Chattahoochee, Harris and Muscogee counties in Georgia and Russell County in Alabama. includes Bibb, Houston, Jones, Peach and Twiggs counties. includes Bryan, Chatham and Effingham counties. SOURCE: Georgia Department of Labor, Labor Market Information 11 Georgia Appling Atkinson Bacon Baker Baldwin Banks Barrow Bartow Ben Hill Berrien Bibb Bleckley Brantley Brooks Bryan Bulloch Burke Butts Calhoun Camden Candler Carroll Catoosa Charlton Chatham Chattahoochee Chattooga Cherokee Clarke Clay Clayton Clinch Cobb Coffee Colquitt Columbia Cook Coweta Crawford Crisp Dade Dawson Decatur DeKalb Dodge Dooly Dougherty Douglas Early Echols 12 I I PRELIMINARY JANUARY 1998 LABOR FORCE EMPLOYMENT UNEMPLOYMENT NUMBER RATE I I REVISED DECEMBER 1997 LABOR UNEMPLOYMENT LABOR FORCE EMPLOYMENT NUMBER RATE REVISED JANUARY 1997 UNEMPLOYMENT FORCE EMPLOYMENT NUMBER RATE 3,878,101 3,733,445 144,656 3.7 3,928,804 3,780,124 148,680 3.8 3,804,885 3,631,892 172,993 4.5 8,429 3,279 4,751 1,483 17,219 5,929 19,317 36,219 8,716 6,876 74,885 5,306 5,559 7,442 10,124 25,979 8,285 8,329 2,195 15,792 4,040 42,424 24,565 3,854 106,586 2,245 11,921 70,749 46,302 1,593 118,559 3,986 332,142 17,769 18,701 40,491 7,434 39,842 4,981 9,621 6,914 10,720 12,003 357,038 9,039 4,521 46,111 48,722 4,864 1,084 7,661 3,044 4,165 1,366 16,585 768 9.1 235 7.2 586 12.3 117 7.9 634 3.7 5,702 18,599 34,569 8,282 6,601 227 3.8 718 3.7 1,650 4.6 434 5.0 275 4.0 71,295 5,071 5,198 6,881 9,873 3,590 4.8 235 4.4 361 6.5 561 7.5 251 2.5 25,180 7,297 8,063 2,051 15,190 799 3.1 988 11.9 266 3.2 144 6.6 602 3.8 3,889 40,433 23,579 3,681 102,221 151 3.7 1,991 4.7 986 4.0 173 4.5 4,365 4.1 2,085 11,414 69,197 44,948 1,485 160 7.1 507 4.3 1,552 2.2 1,354 2.9 108 6.8 114,764 3,881 324,399 16,721 17,890 3,795 3.2 105 2.6 7,743 2.3 1,048 5.9 811 4.3 39,179 7,116 38,676 4,792 9,087 1,312 3.2 318 4.3 1,166 2.9 189 3.8 534 5.6 6,601 313 4.5 10,438 282 2.6 11,508 495 4.1 344,866 12,172 3.4 8,608 431 4.8 4,265 43,131 47,346 4,560 1,060 256 5.7 2,980 6.5 1,376 2.8 304 6.3 24 2.2 8,509 3,314 4,601 1,531 17,639 6,049 19,464 36,486 8,898 7,126 74,849 5,437 5,631 7,268 10,086 26,487 8,551 8,498 2,246 16,075 4,130 43,060 24,656 3,925 106,545 2,264 12, 124 71,421 47,007 1,610 120,064 4,117 336,239 18,052 19,063 40,667 7,619 40,319 5,085 9,839 6,960 10,845 12,228 361,424 9,276 4,628 46,845 49,330 4,979 1,102 7,813 3,115 4,250 1,406 16,876 696 8.2 199 6.0 351 7.6 125 8.2 763 4.3 5,821 18,812 34,966 8,453 6,751 228 3.8 652 3.3 1,520 4.2 445 5.0 375 5.3 71,391 5,171 5,291 7,012 9,849 3,458 4.6 266 4.9 340 6.0 256 3.5 237 2.3 25,650 7,446 8,211 2,105 15,463 837 3.2 1,105 12.9 287 3.4 141 6.3 612 3.8 3,976 40,896 23,844 3,748 101,975 154 3.7 2,164 5.0 812 3.3 177 4.5 4,570 4.3 2,098 11,617 69,991 45,596 1,520 166 7.3 507 4.2 1,430 2.0 1,411 3.0 90 5.6 116,080 3,960 328,119 17,077 18,279 3,984 3.3 157 3.8 8,120 2.4 975 5.4 784 4.1 39,339 7,268 39,120 4,886 9,283 1,328 3.3 351 4.6 1,199 3.0 199 3.9 556 5.7 6,675 10,603 11,747 348,821 8,766 285 4.1 242 2.2 481 3.9 12,603 3.5 510 5.5 4,356 43,741 47,889 4,668 1,080 272 5.9 3,104 6.6 1,441 2.9 311 6.2 22 2.0 8,379 3,241 4,403 1,485 17,063 5,928 18,788 34,936 8,709 6,723 72,631 5,246 5,547 7,121 10,032 24,930 8,284 8,156 2,184 15,617 4,018 41,165 24,556 3,795 105,200 2,198 11,914 68,411 45,686 1,658 115,723 3,846 322,478 17,382 18,391 40,865 7,477 38,573 4,882 9,765 6,919 10,865 11,788 348,017 9,202 4,650 45,657 47,195 4,876 1,090 7,555 2,960 4,102 1,359 16,249 824 9.8 281 8.7 301 6.8 126 8.5 814 4.8 5,644 17,941 33,347 8,145 6,474 284 4.8 847 4.5 1,589 4.5 564 6.5 249 3.7 69,333 5,002 5,093 6,732 9,623 3,298 4.5 244 4.7 454 8.2 389 5.5 409 4.1 24,197 7,088 7,779 2,031 14,795 733 2.9 1,19614.4 377 4.6 153 7.0 822 5.3 3,850 39,002 23,549 3,586 99,633 168 4.2 2,163 5.3 1,007 4.1 209 5.5 5,567 5.3 2,055 11,393 66,750 44,331 1,478 143 6.5 521 4.4 1,661 2.4 1,355 3.0 18010.9 110,704 3,691 312,924 16,237 17,518 5,019 4.3 155 4.0 9,554 3.0 1,145 6.6 873 4.7 39,215 7,011 37,308 4,630 9,009 1,650 4.0 466 6.2 1,265 3.3 252 5.2 756 7.7 6,593 10,643 11, 186 332,668 8,516 326 4.7 222 2.0 602 5.1 15,349 4.4 686 7.5 4,228 42,754 45,671 4,469 1,037 422 9.1 2,903 6.4 1,524 3.2 407 8.3 53 4.9 COUNTY LABOR FORCE ESTIMATES (NOTSEASONALLYADJUSTED) PLACE OF RESIDENCE - PERSONS 16YEARS OLD AND OVER Effingham Elbert Emanuel Evans Fannin Fayette Floyd Forsyth Franklin Fulton Gilmer Glascock Glynn Gordon Grady Greene Gwinnett Habersham Hall Hancock Haralson Harris Hart Heard Henry Houston Irwin Jackson Jasper Jeff Davis Jefferson Jenkins Johnson Jones Lamar Lanier Laurens Lee Liberty Lincoln Long Lowndes Lumpkin McDuffie Mcintosh Macon Madison Marion Meriwether Miller Mitchell Monroe Montgomery Morgan Murray I I PRELIMINARY JANUARY 1998 LABOR FORCE EMPLOYMENT UNEMPLOYMENT NUMBER RATE I I REVISED DECEMBER 1997 LABOR UNEMPLOYMENTLABOR FORCE EMPLOYMENT NUMBER RATE REVISED JANUARY 1997 UNEMPLOYMENT FORCE EMPLOYMENT NUMBER RATE 15,931 9,012 8,378 4,757 8,442 15,512 8,294 7,837 4,613 7,973 419 2.6 718 8.0 541 6.5 144 3.0 469 5.6 15,881 9,347 8,617 4,859 8,603 15,475 8,457 7,987 4,708 8, 111 406 2.6 890 9.5 630 7.3 151 3.1 492 5.7 15,759 8,788 8,669 4,735 8,496 15, 119 8,085 7,820 4,533 7,857 640 4.1 703 8.0 849 9.8 202 4.3 639 7.5 45,352 45,503 39,692 9,903 391,532 44,499 43,816 38,857 9,573 377,532 853 1.9 1,687 3.7 835 2.1 330 3.3 14,000 3.6 45,892 46,218 40,147 10,168 396,471 45,009 883 1.9 44,584 1,634 3.5 39,303 844 2.1 9,761 407 4.0 381,862 14,609 3.7 43,922 45,332 38,303 10,013 382,674 42,925 43,164 37,483 9,441 364,178 997 2.3 2,168 4.8 820 2.1 572 5.7 18,496 4.8 8,266 1,136 34,408 21,106 9,191 7,797 997 33,307 20,378 8,700 469 5.7 139 12.2 1,101 3.2 728 3.4 491 5.3 8,514 1,108 34,964 21,600 9,462 7,945 1,015 33,883 20,755 8,899 569 6.7 93 8.4 1,081 3.1 845 3.9 563 6.0 8,127 1,171 33,635 21,013 10,043 7,616 1,018 32,258 20,016 9,214 511 6.3 15313.1 1,377 4.1 997 4.7 829 8.3 5,594 299,948 14,799 66,978 3,707 5,290 293,399 14,316 65,183 3,413 304 5.4 6,549 2.2 483 3.3 1,795 2.7 294 7.9 5,739 303,301 15,079 68,014 3,838 5,394 296,764 14,598 66,295 3,479 345 6.0 6,537 2.2 481 3.2 1,719 2.5 359 9.4 5,545 290,217 14,748 65,321 3,843 5,182 283,022 14,015 63,362 3,352 363 6.5 7,195 2.5 733 5.0 1,959 3.0 49112.8 9,297 10,832 8,379 3,807 50,979 8,627 10,561 8,030 3,606 49,767 670 7.2 271 2.5 349 4.2 201 5.3 1,212 2.4 9,506 10,916 8,579 3,844 51,502 8,778 10,630 8,186 3,669 50,337 728 7.7 286 2.6 393 4.6 175 4.6 1,165 2.3 9,152 10,815 8,315 3,699 49,288 8,434 10,409 7,814 3,465 48,006 718 7.8 406 3.8 501 6.0 234 6.3 1,282 2.6 50,193 4,499 21,206 4,914 5,623 48,504 4,313 20,500 4,730 5,278 1,689 3.4 186 4.1 706 3.3 184 3.7 345 6.1 50,280 4,595 21,548 5,026 5,734 48,569 4,402 20,894 4,819 5,386 1,711 3.4 193 4.2 654 3.0 207 4.1 348 6.1 49,103 4,476 20,778 4,790 5,537 47,169 4,241 20,070 4,489 5,145 1,934 3.9 235 5.3 708 3.4 301 6.3 392 7.1 7,589 4,580 3,868 11,339 7,370 6,919 4,360 3,452 11,423 7,121 670 8.8 220 4.8 416 10.8 416 3.5 249 3.4 7,803 4,673 3,938 11,823 7,534 7,059 4,450 3,521 11,439 7,244 744 9.5 223 4.8 417 10.6 384 3.2 290 3.8 8,025 4,404 3,646 11,522 7,607 6,930 4,204 3,370 11, 109 7,309 1,09513.6 200 4.5 276 7.6 413 3.6 298 3.9 3,162 22,351 10,821 17,203 3,641 3,099 21,209 10,362 16,100 3,406 63 2.0 1,142 5.1 459 4.2 1,103 6.4 235 6.5 3,270 22,672 10,944 17,562 3,744 3,158 21,604 10,509 16,385 3,468 112 3.4 1,068 4.7 435 4.0 1,177 6.7 276 7.4 3,150 21,587 10,667 17,062 3,612 3,032 20,711 10,272 15,796 3,385 118 3.7 876 4.1 395 3.7 1,266 7.4 227 6.3 3,480 40,188 9,478 9,371 4,288 3,360 38,775 9,191 8,710 4,118 120 3.4 1,413 3.5 287 3.0 661 7.1 170 4.0 3,526 41,025 9,712 9,441 4,374 3,420 39,514 9,351 8,745 4,196 106 3.0 1,511 3.7 361 3.7 696 7.4 178 4.1 3,400 39,526 9,274 9,684 4,242 3,297 37,936 9,017 8,718 3,971 103 3.0 1,590 4.0 257 2.8 96610.0 271 6.4 5,475 13, 139 3,401 9,021 2,972 4,984 12,694 3,245 8,605 2,874 491 9.0 445 3.4 156 4.6 416 4.6 98 3.3 5,639 13,343 3,469 9,171 3,056 5,102 12,877 3,312 8,754 2,942 537 9.5 466 3.5 157 4.5 417 4.5 114 3.7 5,713 12,945 3,245 8,996 2,994 4,941 12,520 3,117 8,500 2,831 77213.5 425 3.3 128 3.9 496 5.5 163 5.4 10,882 7,758 3,747 7,003 17,913 10,032 7,236 3,494 6,764 17,114 850 7.8 522 6.7 253 6.8 239 3.4 799 4.5 11,117 7,888 3,849 7,166 18, 186 10,259 7,362 3,563 6,906 17,400 858 7.7 526 6.7 286 7.4 260 3.6 786. 4.3 11,412 7,423 3,700 6,881 18,094 10,262 7,051 3,352 6,610 17,117 1,15010.1 372 5.0 348 9.4 271 3.9 977 5.4 13 COUNTY LABOR FORCE ESTIMATES (NOTSEASONALLY ADJUSTED) . PLACE OF RESIDENCE PERSONS 16 YEARS OLD AND OVER - - . - ' ~- - -iC-~ I I PRELIMINARY JANUARY 1998 lA80R UNEMPLOYMENT FORCE EMPLOYMENT NUMBER RATE I I REVISED DECEMBER 1997 lA80R UNEMPLOYMENTLASOR FORCE EMPLOYMENT NUMBER RATE REVISED JANUARY 1997 UNEMPLOYMENT FORCE EMPLOYMENT NUMBER RATE Muscogee Newton Oconee Oglethorpe Paulding 82,153 26,928 12,366 5,180 34,811 78,610 25,735 12,152 4,962 34,000 3,543 4.3 1,193 4.4 214 1.7 218 4.2 811 2.3 Peach Pickens Pierce Pike Polk 10,807 9,368 7,325 6,114 15,297 10,307 9,081 6,954 5,923 14,579 500 4.6 287 3.1 371 5.1 191 3.1 718 4.7 Pulaski Putnam Quitman Rabun Randolph 4,321 8,646 1,257 6,896 3,406 4,151 8,385 1,212 6,702 3,083 170 3.9 261 3.0 45 3.6 194 2.8 323 9.5 Richmond Rockdale Schley Screven Seminole 79,638 37,657 1,766 6,063 4,498 74,605 36,521 1,685 5,582 4,326 5,033 6.3 1,136 3.0 81 4.6 481 7.9 172 3.8 Spalding Stephens Stewart Sumter Talbot 29,351 12,787 2,514 15,456 2,549 28,236 12,287 2,375 14,235 2,437 1,115 3.8 500 3.9 139 5.5 1,221 7.9 112 4.4 Taliaferro Tattnall Taylor Telfair Terrell 636 7,116 3,394 4,930 4,080 591 6,781 3,226 4,672 3,580 45 7.1 335 4.7 168 4.9 258 5.2 500 12.3 Thomas Tift Toombs Towns Treutlen 20,818 20,088 12,461 3,457 2,826 20,064 19,162 11,470 3,199 2,616 754 3.6 926 4.6 991 8.0 258 7.5 210 7.4 Troup Turner Twiggs Union Upson 28,451 4,480 4,167 6,953 12,812 27,123 4,008 3,969 6,587 12,458 1,328 4.7 472 10.5 198 4.8 366 5.3 354 2.8 Walker Walton Ware Warren Washington 29,935 25,425 15,586 2,719 9,958 28,522 24,628 14,971 2,475 9,135 1,413 4.7 797 3.1 615 3.9 244 9.0 823 8.3 Wayne Webster Wheeler White Whitfield 10,906 1,133 2,069 9,229 46,142 10, 152 1,078 1,937 8,949 44,625 754 6.9 55 4.9 132 6.4 280 3.0 1,517 3.3 Wilcox Wilkes Wilkinson Worth 3,381 5,598 4,492 8,858 3,111 5,325 4,253 8,312 270 8.0 273 4.9 239 5.3 546 6.2 SOURCE: Georgia Department of Labor, Labor Market Information 14 83,170 27, 116 12,562 5,293 35,193 10,975 9,498 7,454 6,210 15,621 4,399 8,883 1,274 7,003 3,415 80,148 38,024 1,804 6,196 4,583 29,636 13, 113 2,563 15,863 2,624 648 7,205 3,465 5,129 4,277 21,290 20,470 12,709 3,515 2,876 28,928 4,539 4,206 7,035 13,124 30,068 25,753 15,899 2,795 10,297 11,072 1,160 2,127 9,423 46,932 3,446 5,711 4,590 9,051 79,126 26,030 12,327 5,065 34,390 10,321 9,185 7,103 6,027 14,821 4,232 8,540 1,234 6,820 3,147 74,910 36,939 1,714 5,699 4,432 28,559 12,507 2,422 14,513 2,483 605 6,950 3,295 4,769 3,661 20,456 19,559 11,697 3,257 2,668 27,602 4,098 3,974 6,721 12,680 28,843 24,911 15,245 2,524 9,311 10,339 1,104 1,977 9,117 45,415 3,178 5,421 4,330 8,506 4,044 4.9 1,086 4.0 235 1.9 228 4.3 803 2.3 654 6.0 313 3.3 351 4.7 183 2.9 800 5.1 167 3.8 343 3.9 40 3.1 183 2.6 268 7.8 5,238 6.5 1,085 2.9 90 5.0 497 8.0 151 3.3 1,077 3.6 606 4.6 141 5.5 1,350 8.5 141 5.4 43 6.6 255 3.5 170 4.9 360 7.0 616 14.4 834 3.9 911 4.5 1,012 8.0 258 7.3 208 7.2 1,326 4.6 441 9.7 232 5.5 314 4.5 444 3.4 1,225 4.1 842 3.3 654 4.1 271 9.7 986 9.6 733 6.6 56 4.8 150 7.1 306 3.2 1,517 3.2 268 7.8 290 5.1 260 5.7 545 6.0 81,564 25,901 12,212 5,080 33,726 10,637 9,133 7,285 5,896 15,359 4,338 8,782 1,236 6,773 3,384 80,467 36,214 1,759 6,405 4,429 28,800 12,593 2,481 14,543 2,646 623 7,157 3,466 4,706 3,993 20,871 20,392 12,386 3,634 2,729 28,054 4,266 4,061 7,068 12,993 30,129 25,232 15,469 2,763 9,536 10,607 1,125 2,034 9,190 45,522 3,566 5,625 4,452 8,831 77,483 24,825 11,985 4,846 32,797 10,023 8,759 6,853 5,615 14,370 4,121 8,323 1,182 6,497 3,081 74,673 35,229 1,646 5,487 4,187 27,237 11,794 2,328 13,356 2,419 584 6,765 3,158 4,315 3,551 19,813 19,363 11,002 3,232 2,510 26,416 3,918 3,860 6,313 12,213 28,486 23,757 14,689 2,477 8,904 9,753 1,073 1,789 8,805 43,899 3,084 5,280 4,200 8,219 4,081 5.0 1,076 4.2 227 1.9 234 4.6 929 2.8 614 5.8 374 4.1 432 5.9 281 4.8 989 6.4 217 5.0 459 5.2 54 4.4 276 4.1 303 9.0 5,794 7.2 985 2.7 113 6.4 91814.3 242 5.5 1,563 5.4 799 6.3 153 6.2 1,187 8.2 227 8.6 39 6.3 392 5.5 308 8.9 391 8.3 44211.1 1,058 5.1 1,029 5.0 1,38411.2 40211.1 219 8.0 1,638 5.8 348 8.2 201 4.9 75510.7 780 6.0 1,643 5.5 1,475 5.8 780 5.0 28610.4 632 6.6 854 8.1 52 4.6 24512.0 385 4.2 1,623" 3.6 48213.5 345 6.1 252 5.7 612 6.9 . UNEMPLOYMENT INSURANCE STATISTICS . - ~ "'~ ~ :;: ~ , -~ - . ~ -~ : ~ ' Weekly unemployment insurance initial claims Weekly unemployment insurance claims* through January 31, 1998 through January 31, 1998 35~~~~~~~~=-~~~--=~----'"~~~~~~~~~~ 100~~~~~~~---'~~~~~~~~~~~~~~~~ -1997 ~1998 -1997 i:sl1998 30 BO 25 60 40 20 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Week ending 01/31/98: 9,405 (Initial Claims) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Week ending 01131/98: 46,393 *These figures reflect continued weeks claimed and not individuals. Trend begun in 1997 carries over to beginning of 1998 ... Historically, initial claims rise sharply during January months due to layoffs ofpart-time workers employed during the holiday season. At 49,121, new claims this January were 22,016 higher than December, and were the lowest number filed in a January month since 1974. A meaningful comparison is to January 1997 when initial claims were 60,674 (11,553 higher than January 1998). Continued weeks claimed followed the same pattern. Between December 1997 and January 1998 continued weeks claimed rose 30,053, while January 1997 compared to January 1998 showed a 49,227 decline. The average weekly benefit amount increased over the year by $4.99 while decreasing over the month by $6.13. One unusual occurrence partly explains this decline. The number of final payments (exhaustions) increased 145 percent from last January to 11,367, a level almost three times normal. Many claimants affected by these seasonal layoffs were not eligible to establish new benefit years and used leftover weeks from benefit years established during 1997. For most, weekly benefit amounts carried over from the past year were less than if new benefit years could have been established. Also, most seasonal claims are from workers who earn low wages at part-time jobs during the holidays. The increase in final payments helps explain the 6,784 decline in first payments from last January. Total beneficiaries for January 1997 were 91,073, while January 1998 had 78,406, a 13.9 percent decline. The total amount paid in benefits during January was $25,662,373, a level 13.6 percent higher than December and 15.0 percent less than last January. Key data Jan 1998 Jan 1997 Initial claims filed 49, 121 60,674 Persons receiving benefits 78,406 91,073 Average weekly benefit amount $151.92 $146.93 Benefits paid $25,662,373 $30, 185,598 Empb'f(lrtaxes received $7,641,5S9~ $12,333,442* Trust fund balance $1,714,117,508 $1,608,546,129 Minus raforicli> !!l -0mployem Annual initial claims - Georgia 15 STATE OF GEORGIA - DEPARTMENT OF LABOR LABOR MARKET INFORMATION 148 INTERNATIONAL BOULEVARD, N.E. ATLANTA, GEORGIA 30303-1751 OFFICIAL BUSINESS PENALTY FOR PRIVATE USE - $300 ~ JANUARY1998DATA VOLUME XXIV, NUMBER 1 January brings employment loss Georgia's payroll employment took its usual dip in January, falling 76,800 jobs from its December level. Slightly over half declines. Over the last twelve months, the division has gained 13,400 jobs, mostly in special trades contracting, but the growth rate in general building construction is al- of the loss was in the highly most as high. seasonal trade division, but almost all of the Employment in the manufacturing divi- decline was seasonal in nature. The state has sion fell by 3,600 in January, with the loss gained 136,300 jobs since January 1997, its once again driven by the nondurable sector. highest annual growth figure since the Olym- Employment in durable goods manufactur- pic month of July 1996. All major industry di- ing changed only marginally, as none of its visions have increased their employment over component industries gained or lost more that time. The services division leads in jobs than a hundred jobs. The decline in nondu- gained, but the economically sensitive con- rable goods manufacturing was steepest struction division has the highest growth rate. once again in the battered apparel industry; The construction division lost 4,200 jobs however, chemicals and allied products was in January, a normal decline for the month. the only nondurable industry to gain em- Most of the losses were in special trades con- ployment over the month. The division has tracting, but general building construction gained 3,300 jobs over the last year, with a and road construction also experienced sharp decline of 6,400 in nondurable goods manu- Continued on page 2 HIGHLIGHTS v' All MSAs add jobs over the last twelve months v' Statewide annual job growth continues to rise v' Georgia's unemployment rate averages 4.5% in 1997 v' Georgia has the lowest unemployment rate in the southeastern region in January \i11~~;am1~~: > . ... , -::;. ... ::.., ... \?: :.-::: ' <::.;.:..<::\f?::::::-:,-::::::::::::: :_:,..,,::::::=.":- ::::>.: ::::::: .:... . .-: ::: :_:r~ > ..:;;>:.: '..,. , '.<; ':.:~:<~-: ~ Marti Fullerton, Commissioner 404-656-3177 GEORGIA LABOR ~, MARKET ~ TRENDS. . . ,, ' ~~ ~ ';,,_,~-~...- January brings employment loss Continuedfrom page 1 facturing partially offsetting a rise of 9,700 in durable goods. The durable goods industry with the most annual growth is transportation equipment, with the bulk of that gain in aircraft manufacturing. Other durable goods manufacturing industries with strong over-the-year job growth are industrial machinery, electronic equipment, fabricated metal and furniture and fixtures. On the nondurable side, only the apparel and textile industries have lost employment over the year. is attributable mostly to a subdued rate of growth in restaurants and bars, but miscellaneous retail (such as drug stores, book stores and toy stores) has a slower rate of growth. General merchandise stores have gained only 500 jobs over the last year as traditional department stores continue to struggle against more agile competitors. Food stores, one of the state's brighter retail industries, may also begin to slow due to the recent takeover of a major food store chain. services, partially reflecting the decreased demand for positions in retail after the end of the holiday season. However, every services industry lost employment for the month except for private hospitals and personal services. The latter increase reflects the start of income tax season and the need for professional tax preparers, a more salient issue than ever before due to the complexities of the Tax Reform Act of 1997. The division has added 55,500 jobs over the last twelve Food manufacturing is unchanged, while the The finance, insurance and real estate months; its growth rate trails only construc- other nondurable industries show slight division lost 1,700 jobs in January, most of tion among the state's employment divisions. gains. Almost half of the new jobs have The transportation, been in business services, as all communications and public of that industry's components utilities division lost 5,200 (advertising, credit reporting, jobs, 4,400 of them in the transportation sector. The decline was concentrated in trucking and warehousing, although transportation by The 1996 Georgia Wage Survey is now available photocopying, building cleaning, equipment leasing, personnel leasing and data processing, among others) have enjoyed phenomenal growth rates of air also lost a significant seven percent or more, some- amount of employment. For The cost of the publication is times much more. However, ev- the year, the division has gained 9,700 jobs, most of SlS.00. ery services industry has gained substantial employment over the them in transportation. Utilities are unchanged since To order your copy, please call last year except for miscellaneous repair services and motion January 1997, while communications has shown strong (404) 656-3177. pictures. The government division re- growth both in telephone duced its employment by 4,600 communications and cable for the month. Half of the decline and other pay television ser- was at the federal level, and most vices, especially satellite television. them in real estate. Real estate had been of that was a seasonal loss in the U.S. Postal Employment in the trade division growing very strongly in recent months and Service. Employment in both state educa- dropped by 40,600 after the end of the holi- may have been in need of a slight correc- tion and other state government fell, but lo- day shopping season. Retail trade was re- tion; its annual growth rflte still leads the cal education actually rose. Since January sponsible for 96 percent of the decline, as division. The finance sector has also grown 1997, the division has added 12,900 jobs, wholesale trade, especially the wholesale very strongly over the last twelve months, most of them at the local level. Employment trade of durable goods, showed some sur- especially in nondepository credit institu- in the federal government has declined ev- prising resistance to the normal January tions. Automobile leasing continues to grow erywhere except the post office. State em- trend of sharply lower employment. Within in popularity, and the state's strong economy ployment outside of education has also retail, mostjobs were lost in eating and drink- has encouraged investment both in business fallen over the last twelve months, but it has ing places, but apparel stores had the larg- and in real estate. Traditional commercial risen strongly in education. College educa- est percentage decline. The division has banks have also added jobs at a rapid rate, tion is not only seen as more important than added 31,500 jobs over the last twelve as they need more personnel to handle both ever before, it is also more affordable due to months, trailing only the services division increased loan business and new kinds of the state's HOPE scholarships. Local gov- in absolute number of jobs gained. The investments. ernment has increased at about the state- wholesale trade of durable goods is grow- Employment in the services division fell wide rate in education and a little more slowly ing extremely strongly, while retail trade is by 16,800, a moderate seasonal decline for in government outside of education, prima- slightly underperforming the statewide this sensitive industry. Half of the lost jobs rily reflecting population growth. growth rate. The current weakness in retail were temporary ones in personnel supply Produced by the Georgia Department of Labor, Labor Market Information in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics 2 INDUSTRY TRENDS . . Total nonagricultural employment Georgia Thousands 3,800 3,700 3,600 3,500 3,400 .. 3,300t''~"''"'''''"''''''""''""'''0;;.;,;,,;~c;;.;;,c,;;;;,;~,,;,_;;,,;,.;.~ ,.;;;;,;,,;;~;;;;,;,;;,;,cc0,~c,.~~''~~,c.,==~='' DJFMAMJJASONDJFMAMJJASONDJ 1 99s I 199s I 1 997 I199s Employment by industry Thousands 60.0 Over-the-year change January 1998 55.5 50.0 40.0 30.0 20.0 10.0 0.0 Transportation, Construction Manufacturing communications & public utilities Wholesale & retail trade Finance, insurance & real estate Services Government 3 GEORG IA NONAGRICULTURAL EMPLOYMENT (OOO'S) CURRENT MONTH (PRELIMINARY) JAN 1998 Total nonagricultural employment ....................................... . Go