Mark Butler, Georgia’s Labor Commissioner, has announced that the state’s unemployment rate hit a historic low in November. Georgia also set records for employment, jobs and work force.
The state’s unemployment rate stood at 3.3 percent last month, the lowest rate since the federal government began keeping records back in 1976. It marked a decrease from 3.4 percent in October and from 3.7 percent in November of 2018.
Butler indicates that records set across the board in the November jobs report added up to one of the best months in state history.
The nationwide unemployment rate declined last month to 3.5 percent, down from 3.6 percent in October.
The number of jobs in Georgia totaled 4.64 million in November to set a new record. It marked an increase of 6,500 from October and of 69,000 from the same time last year.
Initial claims for unemployment insurance benefits decreased statewide by 18 percent over the month and by 33 percent over the year.
The number of employed residents in Georgia stood at 4.96 million for a new record. The state’s labor force stood at over 5.1 million, the largest ever.
Connect with the Georgia Department of Labor online for more labor market data and information about services for job seekers at www.dol.georgia.gov.