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Wednesday, June 18, 2008

State unemployment is highest May level in 15 years

The state’s seasonally adjusted unemployment rate rose a half of 1-percent in May, now to a mark of 5.8 percent. That represents the highest May level in 15 years. Georgia's current rate is three-tenths of a percent higher than the national average.

Layoffs in manufacturing and other industries led to a total of over 284,816 unemployed workers in May--that is the highest level ever recorded in Georgia.

GPB News Team: