Thursday, November 13, 2008

Thursday updates: Latest reports on jobless claims in our region

First-time jobless benefit claims hit 1,110 in Floyd last month

  Oct. 2008 Sept. 2008 Oct. 2007 Year v. year
Bartow 1,060 663 574 84.7%
Chattooga 96 97 81 18.5%
Floyd 1,110 882 599 85.3%
Gordon 1,022 954 620 64.8%
Polk 457 370 219 108.7
Georgia 72,627 56,652 41,506 75.0%

Source: Georgia Department of Labor

>Updated with numbers from surrounding counties at 8:40 a.m.

Another jolt to the economy was in the e-mail inbox this morning: The Georgia Department of Labor reports first-time jobless claims soared by 85 percent in Rome, coming in at 1,110 claims in October vs. 599 in the same month last year

-In Polk County, reports more than doubled vs. last October while Gordon saw a 65 percent jump and Bartow saw almost an 85 percent increase.

-Statewide: the increase in year-over-year benefit claims was 75 percent (Details).

-Among the hardest hit: nearby Dalton with nearly 4,300 claims filed last month. 

Georgia Department of Labor Commissioner Michael L. Thurmond -Says Labor Commissioner Michael Thurmond: "For the third consecutive month, initial claims in Georgia have risen by more than 70 percent over the year. These statistics confirm that Georgians are facing a difficult economic environment. The rising tide of unemployment, housing foreclosures, the credit and fiscal crisis and the lingering drought have converged to form a perfect storm." 

-Layoffs have come across-the-board: Manufacturing, construction, retail trade and private employment agencies have been especially hard hit, labor officials say. The latest in Rome: 91 jobs cut at Temple-Inland's box plant.

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