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Jan. 7 - Latest Unemployment data for Brunswick area: U.S. holds at 4.7 percent

Brunswick Business Journal Staff Report

January 7, 2017 – The U.S. Bureau of Labor Statistics reported today that total nonfarm payroll employment rose by 156,000 in December, and the unemployment rate was little changed at 4.7 percent.  The most recent data on the Savannah MSA shows an unemployment rate of 4.7 percent as of November, down from 5.2 percent in June, but up from a year ago, slightly.  

In the most recent available detailed labor information for the the Brunswick MSA, there were 51,400 people in the labor force working as of November 2016, down from 52,400 in June 2016.  The Unemployment rate was 5.2 percent, down from 5.6 percent in June.

The U.S. average weekly wage in October was $1,043.00.

As of November, Georgia’s unemployment rate was 5.3 percent, down from 5.5 percent in June.

The National Labor Force and Unemployment Data

Job growth occurred in health care and social assistance across the U.S.

For the U.S., the unemployment rate, at 4.7 percent, and the number of unemployed persons, at 7.5 million, changed little in December. However, both measures edged down in the fourth quarter, after showing little net change earlier in the year.  Among the major worker groups, the unemployment rates for adult men (4.4 percent), adult women (4.3 percent), teenagers (14.7 percent), Whites (4.3 percent), Blacks (7.8 percent), Asians (2.6 percent), and Hispanics (5.9 percent) showed little change in December, as well. 

The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 1.8 million in December and accounted for 24.2 percent of the unemployed. In 2016, the number of long-term unemployed declined by 263,000.

And, the U.S. labor force participation rate, at 62.7 percent, changed little in December and was unchanged over the year.  Also, the number of persons employed part time for economic reasons (also referred to as involuntary part-time workers), was at 5.6 million, also essentially unchanged in December but was down by 459,000 over the year. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job.

In December, 1.7 million persons were marginally attached to the labor force, little changed from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.

Among the marginally attached, there were 426,000 discouraged workers in December, down by 237,000 from a year earlier. Discouraged workers are persons not currently looking for work because they believe no jobs are available to them. The remaining 1.3 million persons marginally attached to the labor force in December had not searched for work for reasons such as school attendance or family responsibilities.

Job growth totaled 2.2 million in 2016, compared to an increase of 2.7 million people who found work in 2015.  Employment in health care rose by 43,000 in December, with most of the increase occurring in ambulatory health care services (+30,000) and hospitals (+11,000). Health care added an average of 35,000 jobs per month in 2016, roughly in line with the average monthly gain of 39,000 in 2015.

Social assistance added 20,000 jobs in December, reflecting job growth in individual and family services (+21,000). In 2016, social assistance added 92,000 jobs, down from an increase of 162,000 in 2015.

Employment in food services and drinking places continued to trend up in December (+30,000). This industry added 247,000 jobs in 2016, fewer than the 359,000 jobs gained in 2015.

Employment also continued to trend up in transportation and warehousing in December (+15,000). Within the industry, employment expanded by 12,000 in couriers and messengers.

In 2016, transportation and warehousing added 62,000 jobs, down from a gain of 110,000 jobs in 2015.

Employment in financial activities continued on an upward trend in December (+13,000). This is in line with the average monthly gains for the industry over the past 2 years.

In December, employment edged up in manufacturing (+17,000), with a gain of 15,000 in the durable goods component. However, since reaching a recent peak in January, manufacturing employment has declined by 63,000.

Employment in professional and business services was little changed in December (+15,000), following an increase of 65,000 in November. The industry added 522,000 jobs in 2016.

Employment in other major industries, including mining, construction, wholesale trade, retail trade, information, and government, changed little in December.

What’s the Latest ‘Average Workweek’ and Wages?

The average workweek for all employees on private nonfarm payrolls was unchanged at 34.3 hours in December. In manufacturing, the workweek edged up by 0.1 hour to 40.7 hours, and overtime edged up by 0.1 hour to 3.3 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls remained at 33.6 hours. In December, average hourly earnings for all employees on private nonfarm payrolls increased by 10 cents to $26.00, after edging down by 2 cents in November. Over the year, average hourly earnings have risen by 2.9 percent. In December, average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to $21.80.

Leadership Southeast Georgia class graduates, including business execs from 10 coastal counties

PHOTO:  Front Row: Marjorie Young, Dionne Hoskins, Jan Bass; Second Row: Brynn Grant, Sam McCachern, John Young, Marcus Lotson, Tan Adams, Tom Allmon, Paul Brooksher, Bryan Ferris, Tom Alexander; Back Row: Jeff Notrica, Jeff Grant, Jason McMillan, Patton Dugas, Lawrence Crosby, Jon Seagraves, Freddy Howell, Ashley Bowersox, Jared Downs, Erica Backus. Not Pictured: Dina McKain

Brunswick Business Journal Staff Report

June 1, 2015 - After five months of training, Leadership Southeast Georgia announces the 2015 graduating class. Leadership Southeast Georgia is a regional program to equip and empower community leaders to effectively work promoting positive growth while improving the quality of life in the Southeast Georgia Coastal Region.

This year, 23 participants spent one weekend a month in surrounding counties learning about topics that effect local counties such as healthcare, education, economic development and transportation.

All of the participants live and work within Bryan, Bulloch, Camden, Chatham, Effingham, Glynn, Liberty, Long, McIntosh and Screven counties, which together are known as Georgia’s Coastal Region.

The Leadership Southeast Georgia program focuses on improving competencies most important to regional leadership. Those competencies include: emotional intelligence or “mastery of self;” integrity and trust; ethics and values; building and sustaining collaboration; conflict resolution and mediation through different interests; effective communications with individuals and large and geographically dispersed audiences; and systematical thinking and long-range decision making.

Beginning in January 1999, leaders representing the business, local government, and education communities set about the difficult task of creating a regional strategic plan for community and economic development. A regional leadership program brought together citizens from each of the 10 counties in the coastal region was envisioned as a means to reinforce the regional capacity to address challenges and capitalize on common opportunities. The program content focused on the assets of the area, as well as potential threats to those assets.   Since 2000, LSEGA has produced ten graduating classes and approximately 175 graduates.

There were 23 participants this year.  Graduates of the 2015 class included:

Tan Adams, Georgia Power;

Tom Alexander, Liberty College & Career Academy;

Thomas Allmon, Ft. Stewart;

Erica Backus, Savannah Chamber of Commerce;

Jan Bass, Goodwill of the Coastal Empire;

Ashley Bowersox, ThincSavannah;

Paul Brooksher, Bryan County Schools;

Lawrence Crosby, Vista Outdoor Advertising;

Jared Downs, Senator Johnny Isakson;

Patton Dugas, Ameris Bank;

Bryan Ferris, Rives Worrell;

Jeff Grant, City of Statesboro;

Brynn Grant, SEDA;

John Henry, Effingham Development Authority;

Dionne L. Hoskins, Savannah State University/Savannah Chatham School Board Member;

Freddy L. Howell, Bryan County Emergency Services;

Marcus K. Lotson, Chatham MPC;

Sam G. McCachern, Thomas and Hutton;

Dina McKain, Ft. Stewart;

Jason McMillan, BB&T;

Jeff Notrica, Dresser Palmer House;

Jon Seagraves, South State Bank;

Marjorie Young, Carriage Trade Public Relations, Inc.

 

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