Floyd County's unemployment rate for February was 6.2 percent, unchanged from January.

Moloka'i once again topped the county's not-seasonally-adjusted unemployment figures, with 8.4% in February 2016.

The Georgia Department of Labor announced today that the unemployment rate in the Northwest Georgia region in February was 5.9 percent, up three-tenths of a percentage point from 5.6 percent in January.

A Labor Department analyst said there were no special factors influencing last week's claims data and no states had been estimated. That was 744 fewer than in January and 60 fewer than in February a year ago.

The number of Americans filing for unemployment benefits rose a little last week, according to the Labor Department.

Statewide, 666,400 were employed and 21,150 unemployed in February, for a total seasonally adjusted labor force of 687,550.

US Durable Orders Fell 2.8% in February
Wells Fargo's Sam Bullard noted in a preview that the transportation component could have the largest impact on headline orders. The central bank raised its interest rate for the short term this past December for just the first time in close to 10 years.

At the same time, the number of initial claims for unemployment insurance declined in the region by 6,157, or 59.9 percent, to 4,123 in February.

In a separate measure of employment, there was an increase of 4,700 nonagricultural jobs over the month. Most of the job gains came in the service-related industries, along with the federal government.

Job losses occurred in Business & Professional Services (-100). However, over the year, claims were up by 83, or 24.5 percent, from 339 in February 2015.

The Labor Department said the number of continuing unemployment claims, which are drawn by workers for more than a week, fell by 39,000 to 2,179,000 in the week ended March 12.

Data on jobless claims often are volatile from week to week.


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