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Athens GA Unemployment Up in January Still Below State & National Averages

By
Real Estate Agent with Retired

The Athens Ga unemployment rate rose in January from 5.7% in December 2008 to 6.6%. However, the rate is still well below the Georgia unemployment level of 8.6%. It is also still below the U.S. national unemployment average of 7.6%.

The Athens area benefits from the stabilizing presence of the University of Georgia campus. The University, while faced with budget cuts, has been able to avoid any layoffs. As a result, the Athens Ga real estate market, while having a volume slowdown, is still active with homes and property bought and sold every day.

For more information on the Athens Ga, and surrounding counties and communities, real estate market, please call me at 706-207-5290 or email me with any inquiries.

Comments (4)

Terry Miller
Miller Homes Group - Tyler, TX
Miller Homes Group and Tyler Apartment Locator

I hope your number stays down. The Texas area is low and it really helps. Thanks.

Mar 05, 2009 09:14 AM
Mike Saunders
Retired - Athens, GA

Terry - the rate will probably follow the national and state averages up, but remain lower

Mar 05, 2009 11:31 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Bill although the unemploment edged up the people in Athens are in a better position than many around the country.  Here is hoping it continues that way.

Mar 05, 2009 11:51 PM
Mike Saunders
Retired - Athens, GA

Jennifer - we also hope it stays that way here

Mar 05, 2009 11:57 PM