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Thursday, November 13, 2008

New unemployment claims spike by 75-percent

Initial claims for unemployment benefits in Georgia jumped a staggering 75-percent from October of last year.

New numbers from the state Department of Labor show the biggest percentage spikes in claims were felt across different metro areas of the state--from Dalton in northwest Georgia, to Athens in the east, to the coast in Brunswick.

Layoffs continue to be seen across-the-board. Manufacturing, construction and retail-trade sectors are suffering in particular.

The statistics represent a third consecutive month that new unemployment claims rose by more than 70-percent over a year’s time.

GPB News Team: