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Local unemployment rates spike for May

When it comes to unemployment rates, Fayette and Coweta counties saw a reversal of fortunes in May. Fayette’s rate increased seven-tenths of a point to 6.8 percent while Coweta jumped eight-tenths of a point to 7 percent.

Fayette’s jobless rate in April was 6.1 percent, but that number had climbed to 6.8 percent in May, according to the Ga. Dept. of Labor. Fayette has a workforce of 53,096, with 3,617 people out of work in May.

Fayette’s unemployment rate in May 2013 was 7.3 percent.

Unemployment numbers for Coweta in May showed a jobless rate of 7 percent, up from the 6.2 percent rate in April. Coweta has a workforce of 64,372 people, of which 4,537 were unemployed in May.

Coweta’s jobless rate was 7.4 percent a year ago.

The largest cities in both counties also saw a rise in unemployment in May.

Peachtree City’s 5.9 percent rate in April rose to 6.6 percent in May while Newnan’s rate of 7.3 percent in April hit 7.9 percent just a month later.

The two regional commission areas which include Coweta and Fayette also saw significant increases in the jobless rate in May.

The 10-county Three Rivers Commission area, which includes Coweta County, had an April jobless rate of 7.4 percent. The rate rose to 8 percent in May, representing 18,642 people out of work in a workforce of 231,746.

The 10-county Atlanta Regional Commission, which includes Fayette County, had a 7.3 percent unemployment rate in May. That compares to a 6.6 percent rate in April. The jobless situation in May translates into 159,191 people without work in a workforce of 2.183 million.

Georgia also saw a rise in unemployment in May. The 6.7 percent rate in April rose to 7.5 percent in May, or 359,040 people out of work in a workforce of nearly 4.8 million.

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Comments

Does anyone know if Pinewood has started any production yet? They seem to just be lining up subcontractors and vendors at this time. How many full time employees have been hired? When do they really plan to open?

It just seems now that they raced to grand opening and went into neutral. Seems like if they had their ducks in a row, they could have been lining up the subcontractors and vendors during construction.

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