Among the positions to be filled, she said, are loan officers, underwriters, loan processors and customer service jobs for offices in Buckhead and Alfreda. This is an indication that the housing market in Atlanta is still strong.
But, in large sectors of the economy, the continued proliferation of coronaviruses is reducing consumer spending, Wald said. “The bad news is that, with the reopening, you are still receiving unemployment benefits for more than 600,000 people in Georgia. It exceeds the population of Augusta, Columbus, Savannah and Albany. “
Meanwhile, those who have lost work due to the epidemic are no longer receiving an additional $ 600 a week from the federal government. The Congress, thus divided, has so far been unable to reach agreement on a new aid package.
Other figures again show the complete collapse of the economy.
In late July, Georgians were working 21% fewer hours at the end of February, while in metro Atlanta, working hours were down 26%, said Andrew Vogle, product manager at HomeBase, which sells a scheduling and time tracking tool is.
Things looked better a month ago, he said.
In mid-June, more people were working more hours, Voegele said. “Georgia and Atlanta are both below the peaks of mid-June. Atlanta has overtaken the rest of the country, but is now overtaking it. “
Nationally, the US Department of Labor reported 1.4 million initial unemployed claims, an increase of 12,000 from the previous week.
Georgia’s Labor Department fell far behind in an unprecedented flood of claims. Many people who are unemployed have waited months to pay their benefits. The state’s labor commissioner, Mark Butler, said that after the slow reform, the state has now paid 92% of the valid claims.
The state’s Department of Labor has struggled for months with an unprecedented wave of layoffs and simultaneously needs to implement new federal programs. Georgia’s labor commissioner, Mark Butler, says the latest proposals for unemployment benefits will make the difficult situation even more difficult.
With unprecedented levels of unemployment claims, money is running low to pay benefits. The balance in the state’s unemployment insurance fund now stands at less than 25% of the $ 2.5 billion that began as a crisis.
Should that fund be liquidated, Georgia would have to borrow from the US Treasury to make payments.
Many of the claims have come from people who lost jobs in hotels, food services, health care and social assistance, retail, administrative services and manufacturing, the Labor Department said.
Many of those jobs were low-paid.
According to the Census Bureau, more than 50% of adults earning $ 75,000 or less annually have lost income during the epidemic. For those whose salaries were $ 25,000 or less, at least 60% have lost income.
“This recession is having a terrible impact on those who are least capable of combating that impact,” said Mike Alexander, director of the Atlanta Regional Commission’s Center for Liveable Communities.
New employment claims in georgia
6 June: 135,254
13 June: 131,997
20 June: 125,725
27 June: 117,485
4 July: 105,160
11 July: 138,452
18 July: 122,313
25 July: 84,984
Source: US Employment and Training Administration, Georgia Department of Labor