Georgia’s Unemployment At All-Time Low
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…
MARIETTA, GA – APRIL 10: Georgia Gov. Brian Kemp speaks at a news conference about the state’s new Election Integrity Law that passed this week at AJ’s Famous Seafood and Poboys on April 10, 2021 in Marietta, Georgia. Major League Baseball announced it would move the All-Star Game out of Georgia in response to the election bill, which opponents claim will negatively affect the minority population’s ability to vote. There is also a concern for the economic impact this will have on the state following the MLB’s decision. The bill’s passage follows the Governor’s decision to lift many of the restrictions in place for protection from COVID-19. (Photo by Megan Varner/Getty Images)
Megan Varner/Getty ImagesGeorgia 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.
