Saturday 29 October 2011

Smyrna's Unemployment Rate Dips; Home Depot Sending Jobs Overseas

By Hunt Archbold
The Jonquil City's unemployment rate is still higher than the national and state averages according to data released by the Georgia Department of Labor. 
Smyrna’s unemployment rate was down to 10.9 percent in September from 11.1 percent in August.
That’s still higher than the state’s rate of 10.3 percent and the U.S. unemployment rate of 9.1 percent last month.
Around 160 citizens found employment in Smyrna, in September, according to data released by the Georgia Department of Labor.
The City has a labor force of 28,253 people. Estimates show 25,185 people are employed.
Meanwhile from Vinings, WSB-TV is reporting that The Home Depot is shifting white collar jobs from its 2455 Paces Ferry Road headquarters to India. The company has reportedly laid off hundreds of its Vinings-based work force, while at the same time hiring hundreds of workers offshore.
The news station revealed that in the last decade, according to national labor statistics, U.S. companies have eliminated 2.9 million jobs at home, while also creating 2.4 million jobs overseas.
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