Georgia’s Unemployment Rate Hits All-Time Low in May
Georgia’s May unemployment rate hit an all-time low of 3 percent while Georgia’s number of jobs continued to climb to an all-time high of 4.8 million.
That is up 18,100 from April to May and up 244,100 over the year.
Georgia’s unemployment rate was also slightly lower than the national May 2022 unemployment rate of 3.6 percent.
State Labor Commissioner Mark Butler said as the state continues to experience a very tight labor market, as evidenced by our low unemployment rate, his office has been focusing on encouraging more individuals to re-enter the workforce.
The state saw a new all-time high number of employed Georgians of 5.1 million.
Butler said wages are also increasing as employers compete for talent in the workplace.