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Georgia hits 4.5 million job mark in October
ATLANTA – State Labor Commissioner Mark Butler said today that Georgia broke the 4.5- million jobs barrier in October, bouncing back from a job loss due to Hurricane Irma in September.
The state posted 4,510,100 jobs for the month. That preliminary number is higher than Georgia’s previous revised record of 4,497,700 set in August. In September, Georgia had a temporary setback with a job loss of 3,400.
Georgia also set records in October for labor force and the number of employed residents.
“After the effects of the storm, this month’s numbers are much closer to what we are used to seeing,” Butler said. “All the indicators – job growth, unemployment claims, labor force and employed residents – are trending in the right direction. October was a great month for a dynamic, growing state like Georgia.”
Monthly numbers can fluctuate due to short-term impacts like Irma and are subject to revisions. The story built over the year, Butler said, gives a clearer picture of the state’s economy and jobs picture because it smooths out short-term shifts seen in monthly reports.
Over the past 12 months, Georgia has added 87,800 jobs, a 2 percent growth rate. The state is outpacing the national job growth rate of 1.4 percent.
In October Georgia posted 15,800 new jobs. Growth came mostly in the private sector including, construction, 5,500 and professional and business services, 5,200. Georgia’s over-the-year job growth came mostly in the private sector. Jobs were added in professional and business services, 24,900; education and health services, 15,300; leisure and hospitality, 14,500; and trade, transportation and warehousing, 11,700.
“It’s important that Georgia is adding jobs,” Butler noted, “but it’s more important that people continue to get them. And, we continue to see both happening.”
In October, the total number of employed residents rose by 20,634 to 4,865,859. There are 173,402 more Georgians employed now than in October 2016.
At the same time, the state’s labor force, which includes the total number of Georgians with jobs and those unemployed but looking for work, rose to 5,085,519, up by 15,123 in October. The labor force is up by 123,441 since October 2016.
Butler added that the unemployment rate also continues to fall.
The unemployment rate in October was 4.3 percent, down from September’s revised number of 4.4 percent. That compares favorably to last October when the rate was 5.4 percent. The lowest jobless rate ever recorded for the state was 3.4 percent in November 2000.
Monthly unemployment claims were up by 9.6 percent to 27,040. Most of the increase came due to temporary claims filed in manufacturing. However, from October a year ago, unemployment claims were down by 7.9 percent from 29,355.
Employ Georgia, the GDOL’s online job listing service at employgeorgia.com, showed 59,231 new job postings statewide for October.
Visit dol.georgia.gov to learn more about career opportunities, Employ Georgia and other GDOL services for job seekers and employers and to connect with us on social media.
DATA FOR THE METRO AREAS ARE ATTACHED, TABLES AND GRAPHS REFLECTING LABOR MARKET DATA ARE AVAILABLE AT http://dol.georgia.gov/current
NEWS MEDIA NEEDING ADDITIONAL INFORMATION MAY CALL (404) 232-3685
Washington, D.C. Office:
210 Washington St. NW, Suite 202
Gainesville, GA 30501
Phone: (770) 297-3388
John and Hunter are currently in our intern program here at FetchYourNews and FYNTV. John is an Associate Producer for FYNTV and Hunter is an Associate Reporter. They both have great video skills and are great assets to our team! Today Brian introduces them to our viewers, asks them a few questions about themselves, and also tells you about our intern program. If you are interested in getting involved or being an intern here at FYN or FYNTV please contact us at [email protected] or 706-889-9700! We are always growing and would love to have you become part of our team.
This past Friday we continued our discussion about rural Georgia with 51st district (R) State Senator and Lumpkin County’s economic development director, Steve Gooch. Our three areas of focus: rural Georgia economy, broadband access, and health care. Although the district doesn’t want to see something in the line of the KIA plant they most certainly would be open to small companies offering high paying, high tech jobs. In order to attract these types of companies; the area must provide good schools, fast internet, and quality health care. We discussed Piedmont Mountainside new stand alone emergency health care center in Gilmer County; a model for quality health care in rural areas. When our discussion turned to high speed internet for the area, Gooch was unable to say they “moved the ball” concerning Senate Bill 232, Facilitating Internet Broadband Rural Expansion (FIBRE) Act.