Stephens Co. Unemployment Drops in November

Stephens County sees its unemployment rate drop in November.

Statistics released this week from the Georgia Department of Labor indicate that Stephens County’s preliminary unemployment rate for November was 6.9 percent.

That is eight-tenths of a percentage point lower than the revised October rate of 7.7 percent.

The county’s labor force dropped by about 100 from October to November, coming in at 12,730 last month.

Of those, nearly 11,850 are employed, about where Stephens County was last month, and just over 880 were unemployed, which is more than 100 fewer unemployed than in October.

Stephens County’s unemployment rate this November is also lower than the revised November 2012 rate of 8.7 percent.

This November’s labor force was down by just over 300 and the number of employed this year was about 100 less.  However, about 250 fewer people were unemployed this past November in Stephens County than were unemployed in November 2012.

Neighboring counties also saw their unemployment rates drop last month.

Banks County’s preliminary November unemployment rate went down six-tenths of a percentage point to 5.4 percent; the preliminary November unemployment rate in Franklin County dropped seven-tenths of a percentage point to 8.4 percent; and Habersham County saw its preliminary unemployment rate drop seven-tenths of a percentage point in November to 6.5 percent.