Georgia Department of Labor (GDOL) Commissioner Bruce Thompson announced Thursday that Georgia's October unemployment rate was at 3.6 percent, unchanged from a revised 3.6 percent in September. The unemployment rate was five-tenths lower than the national unemployment rate.
Commissioner Thompson said, “For the third month in a row, Georgia’s unemployment rate held steady at 3.6 percent - a testament to commonsense, pro-business policies that make Georgia the best place to live, work, and raise a family.” Thompson added, “While job growth has slowed nationwide, Georgia continues to drive job creation and workforce participation. This stability shows what’s possible with a state government that puts hardworking Georgians first.”
Jobs were up by 1,500 over the month and up by 64,900 compared to the same time in 2023, to 4,985,500.
Thursday's press release from Thompson's office indicated that the sectors with the most over-the-month job gains included Accommodation and Food Services, 4,300; Health Care and Social Assistance, 2,200; Local Government, 1,400; Retail Trade, 1,000; and Durable Goods Manufacturing, 700.
Meanwhile, jobs were down in Administrative and Support Services, -3,700; Transportation and Warehousing, -1,400; Information which includes Motion Picture and Sound Recording Industries, -1,300; Arts, Entertainment, and Recreation, -1,200; and Non-Durable Goods Manufacturing, -700.
Over the month, jobs were at an all-time high in Private Education and Health Services at 696,500, and for Leisure and Hospitality at 536,900.
For more information on jobs and current labor force data, visit Georgia LaborMarket Explorer to view a comprehensive report.
http://accesswdun.com/article/2024/11/1272093/unemployment-rates-in-georgia-hold-steady-through-october