River Valley’s Unemployment Rate Drastically Drops in October
Tuesday, December 1st, 2020
Georgia Labor Commissioner Mark Butler said Thursday that River Valley’s unemployment rate significantly decreased by 1.7 percentage points in October.
Additionally, River Valley saw a monthly increase in both labor force and employment for October.
“In October, every region and county saw unemployment rates dramatically decrease, including some areas that dropped to pre-pandemic numbers, demonstrating how strong our economy was across the state prior to the crisis and how we are successfully recovering,” said Commissioner of Labor Mark Butler. “We have a significant number of jobs available on EmployGeorgia from all parts of the state for those looking for new career opportunities. Filling these jobs will be critical for continuing the growth we need to progress economically.”
In River Valley, the unemployment rate decreased by 1.7 percentage points, dropping the rate to 5.2 percent. A year ago, the rate was 3.9 percent.
The labor force increased in October by 4,694. The October total was 145,149. That number is down by 2,219 from the total from October 2019.
River Valley ended October with 137,572 employed residents. The number increased by 6,851 in October but was down 4,041 as compared to last year.
Initial claims for unemployment increased by 3 percent in October. When compared to last October, claims were up by about 494 percent.
The GDOL’s online job listing service at employgeorgia.com showed 3,560 active job postings in River Valley for October.