preliminary unemployment rate for the Savannah area dropped two-tenths of a
percentage point in November - from 7.9 percent to 7.7 percent, according to
data released Thursday from the Georgia Dept. of Labor.
The unemployment rate in November 2011 was 8.4 percent. The
Georgia Dept. of Labor attributes the decrease to job growth and fewer new
layoffs. Data show there were 123 fewer new claims for jobless benefits in
construction, manufacturing, retail trade and health care and social
were 500 new jobs created in the Savannah area. The growth came from the retail
trade, which was up 700. There were
154,800 jobs in November, which is an increase of three-tenths of a percentage
point from 154,300 in October, according to the Georgia Dept. of Labor.
seasonally adjusted unemployment rate also declined two-tenths of a percentage
point. In November it was 8.5 percent, which is down from 8.7 in October. The
rate was 9.5 percent in November a year ago.