Atlanta Unemployment Rate Shows Encouraging Trend

Metro Atlanta’s jobless rate seems to be moving in the right direction.

Nine percent of Atlantans were unemployed in February, slightly better than January’s rate of 9.1 percent.  It’s not a huge improvement, but one labor economist says there’s reason to be optimistic.

Despite the small month-to-month decrease in Atlanta’s jobless rate, it’s almost a full point lower than where it was a year ago. Tom Smith, a professor at Emory’s Goizueta Business School, says that’s an encouraging sign.