Metro jobless rate soars to 10.7 percent
The Atlanta Journal-Constitution
The jobless rate in metro Atlanta jumped to 10.7 percent in June, up more than a point from May, the state Labor Department said Thursday.
The leap from a revised 9.5 percent in May reflects a continued wave of job cuts and only modest hiring in the few sectors that are growing.
Metro Atlanta has now shed almost 200,000 jobs during the past year, according to the department. An estimated 285,158 people in metro Atlanta are officially unemployed.
Atlanta, which represents more than half the state’s workforce, has had a jobless rate about the same as the state’s in recent months. But in June, metro Atlanta’s rate climbed ahead of the state rate, which rose to 10.1 percent.
The Atlanta rate has now matched its peak in the aftermath of the 1990-91 recession, while the state rate is a record high.
The metro Atlanta rate is still below the all-time high of 12.6 percent reached in 1976.
Among the state’s metro areas Dalton, in northwest Georgia, has the highest rate at 13 percent. Athens has the lowest, at 7.6 percent, according to the Labor Department.
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