Friday April 26th, 2024 11:55PM

Georgia unemployment rate unchanged for May

By AccessWDUN Staff

The May unemployment rate was unchanged from April, but businesses added jobs, according to State Labor Commissioner Mark Butler. 

 Butler said Georgia's jobless rate maintained at 3.8 percent.  A year ago, Georgia’s unemployment rate sat at 4 percent. Nationally, the unemployment rate also held constant, staying at 3.6 percent in May.

Butler also noted that preliminary numbers showed year-over-year gains in jobs, employment and work force. 

​At the same time, claims for unemployment insurance were down when compared to last May and from the total in April.

"The long-term trends continue to go in the right directions," Butler said. "We continue to grow jobs and keep our unemployment rate low. Georgia remains a great place to locate and grow a business."

Butler said Georgia businesses added 2,600 jobs in May, pushing the total for the state to 4.59 million jobs. That number is up more than 69,000 from the same time last year.  

"We are continuing to see Georgia grow jobs and overall we're still seeing fewer layoffs year over year," Butler said. "It just goes to show the strength of Georgia's economy."

  Georgia had four job sectors that added more than 10,000 jobs over the past year:

  • Education/health services, 17,700
  • Professional/business services, 16,400
  • Leisure/hospitality, 13,400
  • Construction, 11,100
  • In terms of monthly numbers, government, construction and education/health services all added 1,000 or more jobs.

In May, labor force and employed residents both declined by less than .1 percent.

Georgia’s labor force slipped by less than 5,000 versus a total work force of more than 5.1 million. Even with the monthly loss, the labor force total was still higher than the same month a year ago, butler noted

He aid the change in employed residents was even smaller. That number slipped by less than 3,300 against a total number of more than 4.91 million employed residents in the state.  Even with the monthly loss, the annual number was still up by nearly 12,000. 

  • Associated Categories: Homepage, Business News, Local/State News
  • Associated Tags: GDOL, jobless rate, Georgia Department of Labor , state unemployment rate
© Copyright 2024 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.