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Tuesday, November 26, 2024

State's 'economic momentum' continues in spite of coronavirus delta variant

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The state’s economy continues to strengthen in the face of the COVID-19 Delta variant threat. | Pixabay/jannonivergall

The state’s economy continues to strengthen in the face of the COVID-19 Delta variant threat. | Pixabay/jannonivergall

The state’s economy continues to strengthen in the face of the COVID-19 delta variant threat, as numbers show that the economy is heating up, according to a release from Gov. Brian Kemp's office.

"With nearly 84,000 jobs added in the last two months and the lowest unemployment rate of the ten most populous states, Georgia's economic momentum continues to lead the nation," Kemp said in the release.

Across many industries, the jobless rate continues to fall and the number of jobs added continues to rise, the release said.

The unemployment rate is getting close to its pre-pandemic level of 3.6% in March 2020, as July saw the jobless rate at 3.7%, according to Now Habersham.  

A Georgia Department of Labor statement said that the state's unemployment levels continue to beat the national average of 5.4%.

"After ending Georgia’s participation in the federal unemployment insurance programs in June, the state has seen growth of almost 84,000 jobs and has seen a 300% increase in the number of people employed from June to July,” Commissioner Mark Butler wrote in the statement. “We are seeing all-time high job numbers in many sectors. The job market is saturated with opportunities for job seekers, and we are working to connect employers with candidates for long-term employment.”

Georgia has reclaimed 84.5% of all jobs vanished from the start of the COVID-19 pandemic, according to The Atlanta Journal-Constitution.

Career Builder, a job listing website, released a report that included Georgia in its top 10 states for new job listings. Georgia, ranked third behind both of the Dakotas, had the third best ratio of open jobs to the number of jobless people.

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