Lay-off rate for Columbus drops
Unemployment in Columbus fell through last month to its lowest level since December 2008 with the increase of thousands of jobs throughout the state. Some good news for job seekers as the unemployment rate dropped from 9.4 percent in October to 8.6 percent as per the Georgia Department of Labor.
The unemployment rate in Columbus took a dive in November and according to figures released by the Ohio Department of Job and Family Services. The City posted the lowest rate among the state’s metropolitan areas, restoring the mark it lost to Cleveland last month. Unemployment rates in both Dayton and Montgomery dipped sharply to levels not seen since the end of 2008.To learn more about this topic check out our Ohio Unemployment Benefits guide
The declination in the unemployment rate is attributed to thousands of new jobs throughout Columbus. Dianne Smith Jenkins, Columbus Career Center Manager said that an increase of about 200 jobs is seen in local government and for leisure and hospitality industry 100 jobs have been added.
The city has seen more growth in retail as it added 400 jobs. The arrival of Burlington Coat Factory produced a significant increase in hires picking up about 150 associates, including seasonal hires. Michael McGuire, Burlington Coat Factory store manager said that the factory has been in Columbus for the first time and the residents had outstanding results from it. Not only it helped employment but also the revenue of the city.Click here to know unemployment benefits by state.
While the numbers point to progress, the Department of Labor says they’re cautious in claiming the unemployment drop. However, they are hesitant with going into trends and would like to see numbers for the next 3 or 4 months before they agree that this is an upswing in the economy.
In the last months of 2011, Georgia’s seasonally adjusted jobless rate had its major one-month drop since 1977, falling from 10.2 percent to 9.9 percent in October.