Construction Surge Brings Savannah's Unemployment to New Lows - Local news, weather, sports Savannah | WSAV On Your Side

Construction Surge Brings Savannah's Unemployment to New Lows

Some good news for Savannah's economy; the unemployment rate in Savannah drops to 7.8 percent in August, down eight-tenths of a percentage point from 8.6 percent in July. The Georgia Department of Labor says the rate dropped because there was a reduction in layoffs. So layoffs are down and employment is up.

The areas of greater employment include transportation, warehousing, and construction among others. For example, there are a number of new homes being built in the Autumn Lakes subdivision in East Savannah. Homes are being built, roofs are being applied, and the homes are then painted and finished out. That type of construction alone creates a variety of different kinds of work. Eric Schwarze of Southeast Walls and Ceilings tells WSAV News 3 that construction of commercial and residential properties is on the increase in Savannah, and the outlook is bright for 2014 as well. He expects that the market for housing and industrial construction is on the increase and will remain that way, barring any strange occurrences the national economy.

Powered by WorldNow

1430 East Victory Drive
Savannah, GA 31404

Telephone: 912.651.0300
Fax: 912.651.0320
Email: newsemailalert@wsav.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.