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Georgia’s unemployment rate declines to 5.4 percent in January

The Georgia Department of Labor (GDOL) announced today that the state’s seasonally adjusted unemployment rate in January was 5.4 percent, down one-tenth of a percentage point from 5.5 percent in December. The rate was 6.3 percent in January 2015.

“We’re starting the new year with the lowest unemployment rate we’ve had in almost eight years,” said State Labor Commissioner Mark Butler. “We had 18,328 more people working in January than in December and 92,649 more than in January of last year.

The last time Georgia’s unemployment rate was 5.4 percent was in February 2008.

There were 4,330,200 jobs in January, 100 more than in December, but 119,300, or 2.8 percent, more than in January of 2015.

“Georgia employers continue to add jobs at a stronger pace than the national over-the-year job growth rate of 1.9 percent,” said Butler. “We had job growth in nine of the eleven major job sectors we track.”

Most of the over-the-year job growth came in professional and business services, 32,800; trade, transportation and warehousing, 25,700; leisure and hospitality, 21,900; manufacturing, 12,900; construction, 9,800; education and health services, 9,500; financial activities, 6,600; other services, 2,300; and government, 400. Information services lost 2,500 jobs, while mining and logging lost 100.

While the number of jobs increased, the number of initial claims for unemployment insurance, a measure of new layoffs, rose by 6,311, or 13.2 percent, to 54,220 in January. Most of the rise was due to an increase in temporary claims filed in the manufacturing of textiles and transportation equipment, along with wholesale and retail trade and administrative and support services, which includes temporary employment agencies.

However, over the year, the number of claims was down by 2,974, or 5.2 percent, from 57,194 filed in January 2015. The decrease came mostly in retail trade, transportation and warehousing, along with administrative and support services.

In January, the state’s labor force increased by 16,580 to 4,801,003.

Butler said job seekers and employers should use the GDOL’s online job listing service, www.employgeorgia.com to search for jobs or recruit new employees.  In January, 88,767 jobs throughout the state were posted on Employ Georgia.

To learn more about career opportunities and GDOL services for job seekers and employers, connect with us on Facebook, YouTube and Twitter, which can be conveniently accessed at www.dol.georgia.gov.

Mosby’s last-second three lifts CTC over Atlanta Metro; Golden Eagles to play at Georgia Highlands on Friday in GCAA 2nd round

SMYRNA, Ga. – Sophomore guard A.J. Mosby hit a three-pointer with 1.2 seconds remaining to give Chattahoochee Tech an 81-79 win Tuesday night in the GCAA tournament quarterfinals. The back-and-forth game featured 12 ties and 22 lead changes and saw the fourth-seeded Golden Eagles come back from a 41-36 halftime deficit.

After Chattahoochee Tech (22-9) took a 78-77 lead on a Trevin Steede tip-in with 43 seconds to play, Atlanta Metro countered with a lay-up with 20 seconds remaining. On the Golden Eagles’ final possession, a missed Corey Tobin three led to a scramble for the ball, which was eventually picked up by Steede and tossed to Mosby in the corner. Mosby, who finished as the game-high scorer with 29 points, rose up to hit his fourth three of the game to fend off the No. 5 seed Trailblazers. The game’s final possession ended with a deflection of the Atlanta Metro inbounds pass.

Mosby (Cartersville), recently named to the GCAA all-conference first team for the second year in a row, was 10-of-18 from the field, 4-of-9 from three and 5-of-6 from the free-throw line. He added three rebounds, four assists and two steals in just over 37 minutes played.

Ryan Davis (Cartersville) added 16 points on 7-of-14 shooting, seven rebounds and three steals, and Keith Ray (Hillgrove) had 12 points and seven rebounds. Steede (Wheeler) contributed eight points on 3-of-5 shooting, and Tobin (Cartersville) had six points and three rebounds.

The Golden Eagles withstood outstanding individual efforts by Carnilious Simmons (25 pts, 13 rbds, 2 blks, 2 stls) and Fred Galloway Jr. (10 pts, 18 rbds) of Atlanta Metro.

The first-round meeting between Chattahoochee Tech and Atlanta Metro was the second straight, as Tuesday’s win avenges a 76-74 home loss to the Trailblazers in last year’s GCAA tourney.

The Golden Eagles move on to the semifinals, where they will travel to conference No. 1 seed Georgia Highlands on Friday for a 7:30 p.m. tip in Rome. Georgia Highlands, which went undefeated in conference at 16-0 and is fresh off a 104-95 win over No. 8 seed East Georgia State, ranked the No. 2 in NJCAA Division I. The Golden Eagles have dropped the teams’ two previous meetings, 87-77 on the road and 91-85 at home.

Rep. Loudermilk Introduces Balanced Budget Amendment to Rein-in Reckless Spending

Rep. Barry Loudermilk (R-GA) today moved to require the federal government to live within its means by introducing a balanced budget amendment to the U.S. Constitution.

“Instead of steamrolling American families with heavy tax and regulatory burdens every year, the federal government must change its reckless ways, and stop the vicious cycle of spending that risks our nation’s long-term fiscal stability and buries our next generation under an unsustainable mountain of debt.

“Many states, including Georgia, operate under a balanced budget, and do not spend more than they take in. This responsible approach to budgeting should be mandatory at the federal level as well, especially as our national debt continues to climb toward $20 trillion. That is why I, and other conservatives, have joined together in proposing a much-needed balanced budget amendment to the U.S. Constitution. This ten-year plan gives Congress the time it needs to get its financial house in order and come up with long-term solutions to tackling our out-of-control spending. The time to turn the page on Congress’ reckless spending is now – not later, when our grandchildren are handed the bill.”

The proposed balanced budget amendment to the U.S. Constitution would take effect in the 10th fiscal year after its ratification. In addition to the balanced budget provision, this amendment requires a two-thirds vote in each chamber of Congress to increase the deficit or raise federal spending levels beyond 18 percent of the U.S. gross domestic product (GDP) for the previous calendar year. This amendment will prevent the federal government from continuously absorbing higher amounts of revenue relative to the economy.

If enacted, the balanced balanced amendment would require an average annual spending reduction of $54 billion of our current $4 trillion budget, if revenues remain stable – amounting to a modest 1.4 percent reduction each year.

For more information on H.J.Res. 85, click here.