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Unread 04-26-2012, 08:25 AM
 
3,826 posts, read 2,796,225 times
Reputation: 1876
Default Metro Atlanta’s jobless rate drops to 8.7 percent

It's still higher than the national average, but a downward trend is better than nothing.

Of particular interest to me, was this:

Quote:
Among the core metro counties, Gwinnett is doing considerably better than the regional average. Its jobless rate fell to 7.8 percent in March. Cobb had the next lowest rate at 8.1 percent, followed by DeKalb (9.1 percent), Fulton (9.4 percent) and Clayton (10.7 percent).
Metro Atlanta’s jobless rate drops to 8.7 percent | The Biz Beat
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Unread 04-26-2012, 08:33 AM
 
1,082 posts, read 1,576,592 times
Reputation: 235
testa, if you are reading this, can you provide a source for your statement (in the other thread - Decline in Atlanta home prices ...), that Atlanta did not add any jobs in the Feb-March timeframe.

I asked this question addressed to you in that other thread as well.

Decline in Atlanta home prices worst in recorded history
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Unread 04-26-2012, 08:46 AM
 
228 posts, read 170,672 times
Reputation: 80
It is great that we added around 14,000 jobs last month and over 35,500 during the last year. However, the real question is how many people left the labour force?
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Unread 04-26-2012, 08:49 AM
 
1,082 posts, read 1,576,592 times
Reputation: 235
Quote:
Originally Posted by chalvey View Post
It is great that we added around 14,000 jobs last month and over 35,500 during the last year. However, the real question is how many people left the labour force?
The "we" in this is likely Georgia. Not metro Atlanta.

Ga.'s unemployment rate down 8 straight months | Online Athens
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Unread 04-26-2012, 08:51 AM
 
Location: ATL
4,688 posts, read 3,024,704 times
Reputation: 1804
We were in the top 5 in job growth last year
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Unread 04-26-2012, 08:56 AM
 
Location: Marietta, GA
7,650 posts, read 8,777,261 times
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This tends to support real growth in incomes and the job market. Looks at the growth in 2011 and in 2012.

Georgia Governor Nathan Deal - Deal: March revenue growth tops 10 percent

Individual Income Tax: Individual Income Tax collections for March 2011 reported an increase of $43 million, or 12.5 percent, up from $345 million in March 2010 to $388 million in March 2011. The following are categories within individual income tax that led to the increase.
  • Individual Withholding payments were up $27 million, or 3.5 percent.
  • Net individual refunds issued (including voided checks) were down $15 million, or -2.8 percent.
  • All other individual collection categories were up $1 million.
http://www.cbsatlanta.com/story/1736...s-up-5-percent

Georgia's net tax collections for March 2012 totaled $1.16 billion, an increase of $55 million or 5 percent compared to March 2011, according to Governor Nathan Deal. At the close of the third quarter, net revenue collections totaled $11.7 billion for an increase of $525 million or 4.7 percent compared to the same period last year.

Individual Income Tax: Individual Income Tax collections for March 2012 totaled $422 million, up from $388 million in March 2011, for an increase of $34 million or 8.8 percent.

The following notable components within Individual Income Tax account for the increase:
• Individual Income Tax Return payments increased $13.5 million or 46.4 percent
• Individual Income Tax refunds issued (net of voided checks) were down $(30.5) million or -6.1 percent
• Individual Withholding payments were up $10.5 million or 13.0 percent
• Estimated Tax and Assessment payments were down a combined $(20.5) million
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Unread 04-26-2012, 09:23 AM
 
152 posts, read 83,106 times
Reputation: 89
Quote:
Originally Posted by ATLTJL View Post
It's still higher than the national average, but a downward trend is better than nothing.

Of particular interest to me, was this:



Metro Atlanta’s jobless rate drops to 8.7 percent | The Biz Beat
It's very easy to explain the decrease in metro Atlanta's unemployment rate: people are dropping out of the workforce or exiting the region entirely.

Atlanta's economy is in absolute free fall. Cooking the unemployment numbers is not going to change that; it merely masks the problem and may even make it worse.
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Unread 04-26-2012, 09:54 AM
 
110 posts, read 100,275 times
Reputation: 190
Quote:
Originally Posted by DunwoodyPanhandle View Post
It's very easy to explain the decrease in metro Atlanta's unemployment rate: people are dropping out of the workforce or exiting the region entirely.

Atlanta's economy is in absolute free fall. Cooking the unemployment numbers is not going to change that; it merely masks the problem and may even make it worse.
Not sure if you're rightwing debt hawk...

or leftwing socialist...

or just trolling
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Unread 04-26-2012, 10:51 AM
 
Location: 30080
1,543 posts, read 1,738,396 times
Reputation: 819
Quote:
Originally Posted by cope1989 View Post
Not sure if you're rightwing debt hawk...

or leftwing socialist...

or just trolling
Or just telling the truth.

Sent from my PG86100 using Tapatalk 2
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Unread 04-26-2012, 10:57 AM
 
Location: Marietta, GA
7,650 posts, read 8,777,261 times
Reputation: 3133
So no one can read? Do you think the increase in tax collections year over year for two years is due to "people dropping out of the workforce?" I posted facts, so please post the facts where the decrease is only due to people "dropping out." Has the workforce shrunk? Are there fewer jobs?
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