Weekly Jobless Claims Fell Last Week to 241K

STARBUCKS-RESERVE

Nationally, unemployment rates were lower than a year earlier in 205 of the 388 metropolitan areas included in the labor department's January-to-January report.

In January 2016, the rate was 5.3 percent. According to GDOL, these are normal fluctuations for January.

The jobless rate was 5 percent in January 2017 and 5.2 percent in January 2016. The job losses came in the service industries, such as trade, transportation and warehousing, along with state government and the goods-producing sector, which includes manufacturing and construction, according to the press release.

When compared to the unemployment rates from January past year 89 counties had decreased, while five increased, and six stayed the same. All of the job growth came in the service industries. Most of the increase came in wholesale and retail trade, accommodations and food services and arts, entertainment and recreation, along with professional and technical services, health care and social assistance and manufacturing.


The jobless rate jumped 1.2 percent in January in Whitfield County to 6.9 percent and rose in Murray County by 1 percentage point to 7.8 percent. The number of employed residents dropped 1,300 to 36,900, and the number of unemployed residents fell 300 to 2,500.

Yellen noted that jobs have gained and the unemployment rate has seen continued declines in the first two months of 2017.

The rate rose as the labor force grew and the number of new layoffs increased. The number of unemployed residents rose by 2,726 to 23,887, while the number of employed residents decreased by 1,094 to 387,721. (Karen Lentz/MEDILL) Continuing claims in IL were up 2,282 for the week ended February 25 from the previous week, but down by 6,980 from a year ago. Over the year, the number of people in the labor force increased by 575, as the number of employed grew by 548 and the number of unemployed increased by 27. It was 5.6 percent in January 2016.

Initial jobless claims, a proxy for layoffs across the US economy, declined by 2,000 to a seasonally adjusted 241,000 in the week ended March 11, the Labor Department said Thursday. In January, 513 new job openings in Dalton were posted on Employ Georgia.

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