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Smyrna's Unemployment Rate Again Rises to 8.4%

Revised January figures show the actual January jobless rate was 8.1 percent.

Smyrna's unemployment rate rose to 8.4 percent in February, with 2,534 people counted as jobless in the Cobb County city.

Just a few weeks ago the Georgia Department of Labor reported the city's January jobless rate at 8.4 percent, but after revisions the agency revealed the actual rate was 8.1 percent.

An additional 110 workers were counted as unemployed last month.

Smyrna retains the distinction of having the lowest unemployment rate of the three Cobb cities for which statistics are compiled, with Marietta at 8.7 percent and Kennesaw at 9 percent.

Overall Cobb County's February unemployment rate was even better than those three cities, with 7.4 percent of the labor force considered jobless. That was a drop of four-tenths of a percent from January.

City                     Rate
Alpharetta             6.4%
Atlanta                11.2
Douglasville         11.0
Johns Creek          7.0
Kennesaw             9.0
Marietta                8.7

Roswell                 6.5

Sandy Springs       6.5

Smyrna                8.4
Metro Atlanta        8.3

Georgia                8.6

Metro Atlanta’s unemployment rate declined to 8.3 percent in February, down four-tenths of a percentage point from 8.7 percent in January. The rate was 9.3 percent in February a year ago.

The rate declined because the number of jobs increased and there were fewer new layoffs, which were represented by initial claims for unemployment insurance benefits.

The number of jobs in metro Atlanta increased by 6,400, climbing to 2,369,000 from 2,362,600 in January. Most of the growth came in professional and business services, 5,000, and education and health care, 2,500. Some seasonal jobs were lost in trade, transportation, and warehousing.

Brian March 30, 2013 at 07:38 AM
Due to the decrease in service-sector jobs, the public adult education center being paid for with part of the SPLOST should hopefully help retraining people that are trained for service sector jobs to skills that are valuable for businesses which should attract businesses and jobs to Cobb and Smyrna. I also mentioned to some council members that beyond the incentives they have for residential re-development of properties fallow since 2007, we should give incentives to a couple types of business developments that add jobs (2 of four conditions we should give developers incentives for): - For the state-defined opportunity zone (mostly upper South Cobb Dr and Windy Hill): Any form of high-density development, excluding apartments, that brings a certain number of jobs/acre to the opportunity zone. The opportunity zone alone isn’t doing much as far as I can tell, so I think we should sweeten the deal. - Office structures of a certain density that bring a certain number of professional jobs/acre (maybe on the order of 3 or more stories) so long as it meets development standards and has adequate buffer or step-downs to low density areas.

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