Georgia Unemployment Rate Drops To 8.7 Percent

ATLANTA (AP) â¿¿ Georgia labor officials say the state's seasonally adjusted unemployment rate dropped to 8.7 percent in October, down from 9 percent in September

That compares to a jobless rate of 9.7 percent a year ago.

The new figures were announced early Thursday by the Georgia Department of Labor.

Georgia Labor Commissioner Mark Butler says the jobless rate declined because the state saw an increase of 36,000 new jobs.

Butler said that is the largest September-to-October job increase ever. He said the job growth pushed the number of jobs in October to the highest level in any month since December 2008.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Opinion

Elon Musk's Latest Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Latest Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Why Google's Search Momentum Won't Be Badly Hurt by New EU Rules

Why Google's Search Momentum Won't Be Badly Hurt by New EU Rules

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Time to Talk Tesla: What Happened This Week, Elon?

Time to Talk Tesla: What Happened This Week, Elon?