Georgia Labor Commissioner Mark Butler announced today that Georgia’s May unemployment rate hit an all-time low of 3% while Georgia’s number of jobs continued to climb to an all-time high of nearly 4.8 million. That’s up over 244,000 over the year. Georgia’s unemployment rate was six-tenths of a percent lower than the national May 2022 unemployment rate of 3.6%.
“We’ve seen wages increase at an accelerated rate as employers compete for talent in the workplace,” said Butler.
The sectors with the most over-the-month job gains in May included Accommodation and Food Services; Arts, Entertainment and Recreation; Educational Services; Durable Goods Manufacturing; Transportation and Warehousing; Specialty Trade Contractors; Administrative and Support Services; and Local Government.