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Monday, October 7, 2024

'Fewest unemployed Georgians in 20 years': Georgia sees historic unemployment low

Briankemp

Gov. Brian P. Kemp | File photo

Gov. Brian P. Kemp | File photo

Georgia's unemployment rate dropped to a historic low of 3.2% late last month, following months of economical rebound across the country. 

For the first time since the beginning of the pandemic in March 2020, the number of employed Georgians has risen above 5 million, according to an Oct. 22 press release from Gov. Brian P. Kemp.

“Keeping Georgia open for business and getting people back to work has led to nearly 200,000 jobs added this year, record investment in communities across the state, and the fewest unemployed Georgians in 20 years," Kemp said in the release. "This historic news highlights the Peach State as the best place to live, work and raise a family.”  

The release said 86% of the jobs that were lost in March and April 2020 have been gained back, in addition to jobs increasing to 14,300 (1.3%) over the last month and up 194,400 (4.4%) over the year to 4,578,200 total within Georgia.

Not only have jobs almost fully rebounded from the extreme lows seen in the early days of the pandemic, but unemployment in Georgia was also reported at its lowest levels since June 2001, according to the press release.

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