Fayette jobless rate rises to 8.8, remains steady at 7.2% in PTC

0
21

Unemployment in Fayette County rose two-tenths of a percent in December to 8.8 percent, while the jobless rate in Peachtree City held steady at 7.2 percent.

Fayette County’s December increase compares unfavorably to the 8.6 percent rate in November and 8.5 percent in December 2009.

The December rate of 8.8 percent represents 4,465 people out of work in a workforce of 50,916.

Unemployment in Peachtree City remained constant in December at 7.2 percent. That figure represents 1,165 people out of work in a workforce of 16,197. Peachtree City’s jobless rate in December 2009 was 7.5 percent.

The jobless situation in the 10-county Atlanta Regional Commission improved a bit in December to 10.1, down from 10.2 percent in November but up from 9.9 percent in December 2009.

Last month’s jobless rate across the ARC represented 214,373 people out of work in a workforce of 2.1 million.

Statewide, Georgia’s unemployment held steady in December at 10.2 percent. That figure showed nearly 479,000 people out of work in a workforce of 4.67 million.

Meantime, unemployment across the United States, fell slightly in December to a rate of 9.1 percent, representing nearly 14 million people out of work. The jobless rate in November was 9.3 percent. Those rates were not seasonally adjusted.

Seasonally adjusted unemployment rates for the U.S. in December were tallied at 9.4 percent, down from 9.8 percent in November.

Gallup in announcing the December unemployment rate showed 9.3 percent of people unemployed and another 9.2 percent underemployed. Underemployment signifies those people working part-time but wanting full-time employment.