Archive for September, 2008

Report Shows Atlanta Jobs Declining

Friday, September 5th, 2008

With many national and local economies struggling, more Atlanta jobs are being lost.

The Atlanta-Sandy Springs-Marietta area’s total non-farm employment for July 2008 came in at 2,440,400, a decrease of .2 percent from last year, according to the United States Department of Labor Bureau of Labor Statistics. The area saw an unemployment rate of 6.3 percent, higher than the national unemployment rate of 5.7 percent.

The Federal Reserve Bank recently released a report including a look at the economic condition of 12 federal branches, including Atlanta. The report shows that the city’s economy is currently not much different than that of the rest of the nation, and more Atlanta jobs are being lost.