Georgia unemployment rate drops to 8.7 percent - Los Angeles News | FOX 11 LA KTTV

Georgia unemployment rate drops to 8.7 percent

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ATLANTA -

Georgia labor officials say the state's seasonally adjusted unemployment rate dropped to 8.7 percent in October, down from 9 percent in September.

That compares to a jobless rate of 9.7 percent a year ago.

The new figures were announced early Thursday by the Georgia Department of Labor.

Georgia Labor Commissioner Mark Butler says the jobless rate declined because the state saw an increase of 36,000 new jobs.

Butler said that is the largest September-to-October job increase ever. He said the job growth pushed the number of jobs in October to the highest level in any month since December 2008.

 

Copyright 2012 The Associated Press

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