Cherokee Tribune – Unemployment rises to 6.3 percent in October

5
Dec

Cherokee Tribune – Unemployment rises to 6.3 percent in October

The unemployment rate in Cherokee County rose to 6.3 percent in October from 6 percent in September, but the county maintains the second-lowest unemployment rate in the area.

In October 2012, the Cherokee County unemployment rate was slightly higher at 6.8 percent, according to seasonally unadjusted figures released by the Georgia Department of Labor.

Steve Holcomb, president of United Community Bank and member of the Cherokee County Development Authority, said that the local unemployment rate is slowing trending downward as the economy continues to improve.

“The overall trend has been a trend to lower unemployment, a more stable workforce and an improved economy, on a very slow basis,” Holcomb said. “There was a pickup in construction in Cherokee and in metro areas. Housing generally slows down in the winter-time, because of the weather; that may cause some additional unemployment as we go through the winter months.”

via Cherokee Tribune – Unemployment rises 6 3 percent in October.

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