Georgia sets records in employment during 2017

Georgia sets records in employment during 2017.

State Labor Commissioner Mark Butler released earlier that 2017 was a banner year for job creation, employment and work force gains in Georgia.

Over the year, Georgia created more than 83,000 new jobs, employed thousands more residents, grew a much larger work force and drove unemployment down 1.1 percent.

Butler said, “As we look back at the year, it was impressive. Over the year every major measurement improved considerably. In fact, we set records in several areas such as jobs, employment and work force.”

In December, Georgia added 5,600 new jobs to end the year with an all-time record high of 4,518,900.

The previous high of 4,513,300 was recorded in November.

The 1.9 percent growth rate compares favorably with the national growth rate of 1.4 percent.

Jobs records were also set in educational and health services at 589,300 and leisure and hospitality at 495,900.

The previous record highs had been recorded in November.

The state grew jobs in all major employment sectors, except manufacturing where 3,800 jobs were lost.

While the number of employed residents declined by 816 in December, Georgia still posted its second highest number ever with 4,871,108.

The number of employed residents grew by 162,351 over the year.

In December, 26,117 initial claims for unemployment insurance were filed, down by 20 percent from 12 months ago.

About one-half of the yearly decline in claims came in manufacturing.

For the year, Georgians filed 325,597 initial unemployment claims, the lowest number posted since 1997. The 2017 numbers were down by 46,535 from 2016.

Meanwhile, the state’s unemployment rate fell from 5.5 percent to 4.4 percent over the 12-month cycle. The December rate, at 4.4 percent.