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Tuesday, November 24, 2009

 

Atlanta Construction Jobs Crumble by 20.1 Percent

While most industries saw a yearly decrease in employment last month, Atlanta construction jobs decreased by more than 20 percent.

During October, Georgia saw its unemployment rate increase from 10.1 percent to 10.2 percent, placing it on par with the national unemployment rate. The October unemployment rate for the Atlanta area has not yet been released.

The Atlanta-Sandy Springs-Marietta area had a total non-farm employment of 2,273,400 workers during October, according to the U.S. Department of Labor Bureau of Labor Statistics. This is up from 2,272,800 workers during September, but a 5.7 percent decrease from last year.

Five industries managed to see a monthly increase in employment, including: construction by 100 jobs; professional and business services by 2,700 jobs; education and health services by 2,800 jobs; other services by 900 jobs; and government by 2,700 jobs. Employment in the mining and logging industry held steady at 1,400 workers.

Only two industries gained jobs on a yearly basis. The education and health services industry employed 270,500 workers during October, up from 267,700 workers during September and a 2.7 percent increase from last year. The government industry employed 341,300 workers during October, up from 338,600 workers during September and a .2 percent increase from last year.

Even though it added 100 jobs during the last month, the construction industry took the biggest hit when compared to last year. That industry employed 98,100 workers during October, up from 98,000 workers during September, but a 20.1 percent decrease from last year.

Other industries that saw a yearly decrease in employment include:
  • mining and logging by 6.7 percent
  • manufacturing by 12.7 percent
  • trade, transportation and utilities by 8.1 percent
  • information by 6.3 percent
  • financial activities by 8.7 percent
  • professional and business services by 8.7 percent
  • leisure and hospitality by .5 percent
  • other services by 1.2 percent

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