November 20th, 2022 – 9:12 PM
Georgia Department of Labor Press Release –
Georgia’s unemployment rate rose slightly last month but remained below the national jobless rate, the state Department of Labor reported Thursday, Nov. 17. Unemployment in Georgia stood at 2.9% in October, up from a record-low of 2.8% set during the previous month but below the national rate of 3.7%. Despite the uptick in unemployment, job numbers reached another all-time high last month, increasing by 3,700 from September to more than 4.8 million. The number of employed residents fell by 9,527 last month to nearly 5.2 million. The number of unemployed was up 3,954 to 152,124, the first over-the-month increase since the early days of the pandemic in April 2020. Initial jobless claims were down in October by 651 compared to September, or 3%, to 20,919. Over the year, initial claims fell by 6,391, or 23%.