Things in Athens appear to be on the upswing over the next year, because they all work for the government (i.e., us).
While Georgia’s unemployment rate will rise 2.6 percent next year, Athens’ rate will rise by just 0.2 percent, Rajeev Dhawan, director of the GSU Economic Forecasting Center, estimates in his latest forecast.
Nearly 30 percent of the area’s jobs rely on government, so the state’s financial problems – a roughly $2 billion projected deficit brought on by slowing revenue – are expected to temper job growth, Dhawan said.
Meanwhile, in Savannah, they’ve lost a few jobs.
Metro Savannah lost 2,000 jobs over the past year, the Georgia Department of Labor said Thursday.
Payroll in Bryan, Chatham and Effingham counties totalled 160,400 in October, marking a 1.2 percent decline from the October 2007 workforce of 162,400.
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