Metro Savannah’s Unemployment Rate Falls to 7.0% in September

Staff Report From Savannah CEO

Thursday, October 23rd, 2014

The Georgia Department of Labor announced today that Metro Savannah’s unemployment rate for September was 7.0 percent, down eight-tenths of a percentage point from 7.8 percent in August. The rate in September of last year was 7.2 percent. 

The rate dropped because there were 1,412 fewer unemployed people in the Savannah area in September, according to the federal government’s monthly household survey, and there were fewer new layoffs. 

As the rate decreased, Metro Savannah added 700 jobs, or 0.4 percent, in September, as the total number of jobs increased to 166,000 from 165,300 in August. The job gains came mostly in professional and business services, trade, transportation and warehousing, and state government.   

And, there was an over-the-year gain of 4,400 jobs, or 2.7 percent, from 161,600 in September in 2013. The job gains came mostly in professional and business services, trade, transportation and warehousing, and leisure and hospitality.  

Also, there were 861 new claims for unemployment insurance filed in September, a decrease of 217, or 20.1 percent, from 1,078 in August. Most of the decrease in claims came in administrative and educational services, health care and social assistance, and professional and technical services. Over the year, claims were down 28.4 percent from the 1,203 filed in September 2013.    

Metro Athens had the lowest area jobless rate at 5.7 percent, while the Heart of Georgia-Altamaha region had the highest at 9.5 percent. 

Meanwhile, Georgia’s seasonally-adjusted unemployment rate for September was 7.9 percent, down from 8.1 percent in August. It was 8.0 percent in September 2013.