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Hall unemployment falls to 4 percent in March
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Metro Gainesville’s unemployment rate in March fell to 4 percent, according to Georgia Department of Labor figures released Thursday.

That was down one-tenth of a percentage point from February. In March 2016, the rate was 4.4 percent. The statistics cover all of Hall County.

The rate declined because more people became employed as the labor force continued to grow, and employers continued to add jobs and lay off fewer workers.  

The number of employed residents increased by 468 to 94,383, as the labor force grew by 368 to 98,292. The labor force consists of employed residents and those who are unemployed but actively looking for jobs.

The number of jobs increased by 200, or 0.2 percent, to 88,400. The job growth came in services such as trade, transportation and warehousing.

Over the year, 3,100 jobs were added, a 3.6 percent growth rate, up from 85,300 in March 2016. Job growth came in the goods-producing sector, which includes manufacturing and construction, and services such as trade, transportation and warehousing, and state and local government.

The number of initial claims for unemployment insurance, a measure of new layoffs, declined by 152, or 26.4 percent, to 423. Most of the decrease came in manufacturing. Over the year, claims were down by 379, or 47.3 percent, from 802 in March 2016.

Metro Gainesville had the lowest area jobless rate in the state.

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