By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Area's jobess rate rises to 6.1% in June
BCN jobless graph

The Georgia Department of Labor announced July 23 that Metro Savannah’s unemployment rate for June was 6.1 percent, up 0.3 percentage point from 5.8 percent in May. The rate in June 2014 was 7.6 percent.

The rate for Metro Savannah, which is defined as Bryan, Chatham and Effingham counties, rose as the number of jobs decreased and the number of new layoffs, as measured by unemployment insurance claims, increased.

The number of jobs in Savannah decreased by 1,200, or 0.7 percent, in June to 169,400. Most of the job losses came in education and health services, leisure and hospitality, professional and business services, retail trade and state government, along with mining, logging and construction.

However, there was an over-the-year gain of 3,300 jobs, or 2 percent, from June 2014. Most of the job growth came in professional and business services, leisure and hospitality, education and health services and other service-related industries such as trade, transportation and warehousing, along with the goods-producing sector, which includes manufacturing and construction.

The number of initial claims for unemployment insurance rose by 289, or 31.1 percent, to 1,219 in June. Most of the increase came in transportation and warehousing, administrative and support services, and accommodations and food services. Over the year, claims were down by 207, or 14.5 percent, from 1,426 filed in June 2014.     

In the Coastal Georgia region, which includes Bryan County, the June unemployment rate was 6.4 percent, up 0.4 percentage point from
6 percent in May but down from 7.9 percent in June 2014.

Meanwhile, Georgia’s seasonally adjusted unemployment rate for June was 6.1 percent, down from
6.3 percent in May. It was 7.3 percent in June 2014.

Sign up for our E-Newsletters
Record April boosts Savannah's container trade at port
GardenCityTerminal
The Port of Savannah moved 356,700 20-foot equivalent container units in April, an increase of 7.1 percent. - photo by Provided

The Georgia Ports Authority's busiest April ever pushed its fiscal year-to-date totals to more than 3.4 million 20-foot equivalent container units (TEUs), an increase of 8.8 percent, or 280,000 TEUs, compared to the first 10 months of fiscal 2017.

"We're on track to move more than 300,000 TEUs in every month of the fiscal year, which will be a first for the authority," said GPA Executive Director Griff Lynch. "We're also anticipating this to be the first fiscal year for the Port of Savannah to handle more than 4 million TEUs."

April volumes reached 356,700 20-foot equivalent container units, up 7.1 percent or 23,700 units. As the fastest growing containerport in the nation, the Port of Savannah has achieved a compound annual growth rate of more than 5 percent a year over the past decade.

"As reported in the recent economic impact study by UGA's Terry College of Business, trade through Georgia's deepwater ports translates into jobs, higher incomes and greater productivity," said GPA Board Chairman Jimmy Allgood. "In every region of Georgia, employers rely on the ports of Savannah and Brunswick to help them become more competitive on the global stage."

To strengthen the Port of Savannah's ability to support the state's future economic growth, the GPA Board approved $66 million in terminal upgrades, including $24 million for the purchase of 10 additional rubber-tired gantry cranes.  

"The authority is committed to building additional capacity ahead of demand to ensure the Port of Savannah remains a trusted link in the supply chain serving Georgia and the Southeast," Lynch said.

The crane purchase will bring the fleet at Garden City Terminal to 156 RTGs. The new cranes will support three new container rows, which the board approved in March. The additional container rows will increase annual capacity at the Port of Savannah by 150,000 TEUs.

The RTGs will work over stacks that are five containers high and six deep, with a truck lane running alongside the stacks. Capable of running on electricity, the cranes will have a lift capacity of 50 metric tons.

The cranes will arrive in two batches of five in the first and second quarters of calendar year 2019.

 Also at Monday's meeting, the GPA Board elected its officers, with Jimmy Allgood as chairman, Will McKnight taking the position of vice chairman and Joel Wooten elected as the next secretary/treasurer.

For more information, visit gaports.com, or contact GPA Senior Director of Corporate Communications Robert Morris at (912) 964-3855 or rmorris@gaports.com.

Latest Obituaries