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In Atlanta and Statewide, Unemployment Tops Ten Percent Atlanta, GA

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In Atlanta and Statewide, Unemployment Tops Ten Percent

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The holidays are a difficult time to be unemployed. There are gifts to buy, baking to do, and travels to make, none of which come cheap. For someone who has recently faced the loss of a job, or for those who have been searching for a new job for several months or even years, the strain of the holidays merely adds to the stress of making ends meet, paying bills on time, and avoiding bankruptcy and foreclosure. Yet many Georgia residents are now dealing with unemployment at the holidays: in November, the unemployment rate for metro Atlanta and the state as a whole both jumped above ten percent.

In November, approximately 20,500 metro Atlanta residents lost their jobs, bringing the total of are unemployed workers up to 273,218. This caused the metro’s unemployment rate to jump to 10.3 percent, up 0.7 percent from October’s 9.6 percent, according to recent reports by the Georgia Department of Labor.

Statewide reports do not paint a much better picture. Across Georgia, the unemployment rate rose to 10.1 percent in November. The 0.3 percent increase from October’s 9.8 percent was not as large as the jump in metro Atlanta, but any increase indicates that progress toward economic recovery and stability has yet to be a reality in a state which continually ranks among the top states in terms of foreclosure.

Recent legislation may provide some relief to unemployed Georgians, says State Labor Commissioner Michael Thurmond. The state is currently processing extended benefit claims for unemployed residents, and the filing period for that extended benefit relief has been extended through December 31. “These additional resources will help qualified job seekers provide food, clothing and shelter while they seek employment,” Thurmond said. “I’m pleased that the approval came in time for the holidays.”

Source: The Atlanta Journal-Constitution, “Metro Atlanta unemployment jumps to 10.3 percent”, Larry Hartstein, 22 December 2010

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1718 Peachtree St NW, #385
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    Wow! I am finally out of debt and can say that I am debt free after completing my chapter 7 bankruptcy case with Gingold and Gingold. Mr dangled was very knowledgeable and direct with regard to my debt situation. there were no surprises and the case went as I was advised. The staff was also very helpful whenever I had a question. I will definitely recommend them in the future to my friends.

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    I cannot say enough about this law firm. From the initial consultation to our discharge, the entire office kept me updated with every step of the entire process. I came to the Gingold after a bad experience with another law firm. Ira and Jamie immediately began treating me like family through this experience. In the end, they assisted with eliminating many debts including my 2nd mortgage. I cannot say enough about the experience and knowledge that Ira brought to the table from the office visits to the court time. Thank you very much for helping me through this tough time. Thank you.

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