Showing posts with label brunswick. Show all posts
Showing posts with label brunswick. Show all posts

Wednesday, September 30, 2015

Atlanta maintains 4th place in job growth in August

Atlanta grew 4th fastest among the 10 largest metro areas in the U.S. in August, despite adding only 600 jobs over the month according to newly released seasonally adjusted preliminary jobs data from the U.S. Bureau of Labor Statistics.

Over the year, the Atlanta area gained 69,800 new jobs. Ahead of Atlanta in terms of job creation came Los Angeles (+122,400), New York (+116,800), and Dallas (+106,100).

Among the largest metro areas, Dallas recorded the largest percentage gain, up 3.2% followed by Atlanta at 2.8%.

Georgia Metro Areas

In Georgia, the Gainesville area recorded the largest increase in jobs in August, adding 800 new jobs, followed by the Atlanta area, which added 600.

Gainesville and Atlanta areas each grew by 2.8% over the year ending in August, while the Savannah area grew by 2.7%.

Over the year, four metro areas in Georgia recorded decreases in net employment. They include Brunswick (-200), Hinesville (-200), Albany (-700), and Valdosta (-1,100).

A total of five Georgia metro areas are still recording employment counts below where they stood in 2007 before the recession including Albany, Brunswick, Dalton, Rome, and Valdosta.

Wednesday, September 2, 2015

Atlanta grows, while Georgia slows

Fast growth in the Atlanta metro area contrasts with slower growth in the rest of the state
Metro Atlanta’s job market remained strong in July as the area added 13,200 new jobs over the month.

For the 12 months ending in July, the area’s employment has increased by 75,800, placing it 4th in job growth among the nation’s largest population centers after the Los Angeles, New York, and Dallas areas, according to new seasonally adjusted data released by the U.S. Bureau of Labor Statistics. By population, the Atlanta region ranks 9th.

While the Atlanta region’s growth remained robust, conditions in the rest of Georgia slowed. Outside the Atlanta metro area, the state recorded its 5th consecutive month of job losses, dropping 8,600 jobs in July.

From March through July, the Atlanta region has seen the addition of 26,700 new jobs, while the rest of the state has recorded a loss of 20,600 jobs.

Due to this divergence, the Atlanta region has grown by 3.0% over the past 12 months, while the state has recorded a 2.1% growth rate.

With the recent slowdown, the state’s annual job growth dropped from 6th place in June to 8th place in July among the 50 states. For the 12 months ending in July, the state added 89,400 nonfarm jobs. This contrasts with the 130,700 jobs it added in the 12 months ending in July 2014.

Other Georgia Metro Areas

There continues to be pockets of strength outside of the 29-county Atlanta metro area with Savannah adding 4,000 jobs over the past 12 months for a 2.4% growth rate.

The Dalton area continued its recovery from the recession with a 2.6% annual growth rate, while Brunswick recorded an annual increase of 2.4%. Despite the recent rebound in their economies, employment in both Dalton and Brunswick remain below their pre-2007 levels.

Among metro areas in the state, Valdosta recorded the largest 12-month decline in July, shedding 1,200 jobs for a loss of 2.2% since July 2014.

The Atlanta metro area is defined as including Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Cobb, Coweta, Dawson, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Haralson, Heard, Henry, Jasper, Lamar, Meriwether, Morgan, Newton, Paulding, Pickens, Pike, Rockdale, Spalding, and Walton counties.

Thursday, July 23, 2015

Atlanta metro claims 4th place in new jobs



Employers in the Atlanta metro area created 71,800 new jobs for the 12 months ending in June, the fourth best performance of large metro areas nationwide, according to preliminary data provided by the U.S. Bureau of Labor Statistics.

The new jobs represent a 2.9 percent rise in employment over the year, compared to a 2.1 percent increase nationally.

Table. A. Net change in employment, June 2014 – June 2015, seasonally adjusted
Metro Area
12-month net 
employment gain
12-month percentage 
employment gain
New York
148,000
1.6 %
Los Angeles
140,800
2.5 %
Dallas
111,800
3.4 %
Atlanta
71,800
2.9 %
Miami
71,400
2.9 %

For the month, the Atlanta area lost 3,000 jobs contrasting with the rest of the state that recorded a pick-up of 5,300 jobs for a net gain of 2,300 jobs statewide in June.

For the three months prior to June, the Atlanta area had averaged an increase of 4,900 jobs each month. In June last year, the metro area reported a one-month increase of 8,600 jobs.

Atlanta Metro Area, Nonfarm Jobs, 2014 - June 2015

In June, metro Atlanta’s unemployment rate stood at 6.0 percent, while the state recorded a rate of 6.1 percent, and the nation showed a rate of 5.3 percent. The Atlanta area rate stood at 7.3 percent in June 2014.

Georgia Metro Areas

Georgia’s metro areas showed mixed results in June and over the year. For the month, excluding the Atlanta area, five areas showed gains, while four areas showed declines, and two were unchanged.
Over the 12 months ending in June, Albany and Valdosta were the only two metro areas in the state recording losses in employment.

Seasonally adjusted data were not available for the Warner Robins area.

Table B. Georgia metropolitan statistical areas, net change in total nonfarm employment, seasonally adjusted
Metro Area
1-month net change,
June 2015
12-month net change,
June 2014 – June 2015
Albany
-600
-700
Athens
400
1,800
Atlanta
-3,000
71,800
Augusta
-1,800
4,100
Brunswick
-400
1,100
Columbus
0
1,700
Dalton
100
2,400
Gainesville
500
3,200
Hinesville
300
800
Macon
600
1,100
Rome
0
500
Savannah
-800
3,400
Valdosta
0
-200
Warner Robins
N/A
N/A


Data are preliminary. Numbers provided by the U.S. Bureau of Labor Statistics and the Georgia Department of Labor.