Calhoun County sees job growth in February
- Author: Darren Santiago Mar 26, 2017,
Mar 26, 2017, 0:37
The statewide unemployment rate decreased from 4.6 percent in January to 4.4 percent, the lowest since April 2007.
County unemployment rates for February are scheduled to be released Wednesday, April 5.
"It is exciting to see that almost 11,000 of the more than 12,000 people entering the labor force had found work".
"This was a very strong report overall", said Michael Pakko, chief economist at the Institute for Economic Advancement at the University of Arkansas at Little Rock. That number drops to 4,200 when spread across all sectors. "It's been a long time since we've been at this rate".
Georgia's labor participation rate for February increased one-tenth of a percentage point to 63 percent, which is tied with the national rate.
More people in Calhoun County had jobs in February than the same month previous year.
"In February, our labor force increased by 0.9 percent", said Kentucky Labor Market Information Director Kate Shirley Akers, Ph.D. "But if it's loss of prime-age workers, that is something that is concerning".
The Current Population (CPS), or the household survey, is conducted by the Census Bureau and identifies members of the work force and measures how many people are working or looking for work.
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Reports indicate that government jobs declined by 500 positions.
From February 2016 to February 2017, the total job base only grew by 2,100 - such a small percentage that it could be indistinguishable from zero. The jobless rate for women was 4.3 percent, down from 4.5 percent a year earlier.
Construction was up 700 jobs in the past year, to 49,300 jobs.
"I am proud to announce that Florida's private-sector businesses have created almost 54,000 new jobs in 2017", Scott said in a prepared statement. Over the last 12 months, the state added 315,800 jobs, an increase of 1.9%.
"The Connecticut economy is now only adding roughly 1,000 jobs per month on average, suggesting full job recovery may not materialize until sometime in 2019", Klepper-Smith said. Lang says there were 53,000 more jobs in February 2017 compared to February of past year.
Kelly says they don't know if the unemployment rate has hit bottom yet.
It's also down the same tenth of a point since this time past year despite the state losing several hundred nonfarm jobs, according to new numbers from the state Labor Dept.