Business & Tech

Cobb Unemployment: 7.8% in Jan.

That's two-tenths of a percentage point higher than the rate in December 2012.

Cobb's unemployment rate rose from 7.6 percent in December 2012 to 7.8 percent in January 2013, according to new figures from the Georgia Department of Labor.

The rise in Cobb mirrors an uptick in metro Atlanta, where the unemployment rate rose from 8.4 percent in December to 8.7 percent in January.

The Labor Department attributes the increase to a loss of seasonal jobs and an increase in new layoffs. While there were 2,392,000 jobs in December, there wereΒ 2,362,900 million jobs remaining in January.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

As a result, the number of initial claims for unemployment insurance benefits rose from 21,912 in December to 31,663 in January.

Most of the claims were filed in construction, manufacturing, trade, transportation and warehousing, administrative and support services, and accommodations and food services, the Labor Department said.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

The good news?

  • This time last year, Cobb's unemployment rate was a full percentage point higher. And in metro Atlanta, the unemployment rate stood at 9.4 percent.
  • There were more jobs at the start of 2013 than the beginning of 2012, when there were 2,299,500 jobs.

Metro Athens had the lowest unemployment rate at 6.6 percent, while metro Dalton and the Heart of Georgia-Altamaha region tied for the highest at 11.9 percent.

For further contemplation and analysis, click here.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here