Georgia unemployment rate drops to 8.7 percent

Published On: Nov 15 2012 07:04:22 AM EST
Job fair unemployment

Reuters

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.

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