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Old 04-26-2012, 09:25 AM
 
4,351 posts, read 3,872,227 times
Reputation: 2253

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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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Old 04-26-2012, 09:33 AM
 
1,132 posts, read 1,840,326 times
Reputation: 248
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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Old 04-26-2012, 09:46 AM
 
230 posts, read 218,125 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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Old 04-26-2012, 09:49 AM
 
1,132 posts, read 1,840,326 times
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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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Old 04-26-2012, 09:51 AM
 
Location: ATL
4,688 posts, read 3,494,796 times
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We were in the top 5 in job growth last year
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Old 04-26-2012, 09:56 AM
 
Location: Marietta, GA
7,714 posts, read 9,931,878 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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Old 04-26-2012, 10:23 AM
 
153 posts, read 124,956 times
Reputation: 90
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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Old 04-26-2012, 10:54 AM
 
110 posts, read 125,847 times
Reputation: 192
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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Old 04-26-2012, 11:51 AM
 
Location: 30080
1,605 posts, read 2,036,940 times
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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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Old 04-26-2012, 11:57 AM
 
Location: Marietta, GA
7,714 posts, read 9,931,878 times
Reputation: 3243
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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