Carroll County’s jobless rate climbed back into double digits during June, likely due to summer layoffs and college graduates flooding the job market, according to a University of West Georgia economics professor.
Georgia Department of Labor preliminary figures released Thursday show the Carroll County June unemployment at 10.5 percent, up from 9.8 percent in May, and also higher than the 10.3 percent last June.
“It’s not surprising to see the rate bounce up this time of year, but it’s disappointing, because with a stronger economy, we would have absorbed these people coming into the labor force,” said Dr. Joey Smith, director of the UWG Center for Business and Economic Research. “Our county residents are not finding jobs as quickly as they did in the past.”
Carroll County’s labor force grew from 53,370 workers in May to 53,452 in June, according to Labor Department estimates. But the number of people employed fell from 48,137 in May to 47,853 in June, a decrease of 284 workers.
“Although recent graduates are not able to draw unemployment benefits, they are listed as unemployed in the state statistics,” Smith noted.
via Rise in labor force increases Carroll unemployment rate – Times-Georgian: News.
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