Georgia posts record-breaking unemployment numbers in November

Georgia’s unemployment rate hit a historic low in November even as the state set records for employment, jobs and work force.

The series of records in November add up to one of the best months in state history, said Butler.

“I can’t recall us ever having a better month, and I’ve talked to people who’ve been around a lot longer than I have,” State Labor Commissioner Mark Butler said. “It’s nice to see this at the end of the year. I think we are going to continue to see Georgia move in the right direction.”

Nationally, the unemployment rate fell in November to 3.5 percent, a decrease of 0.1 percentage points. The nation also grew its labor force by 40,000, increased employment by 83,000 and added more 266,000 jobs.

Georgia’s unemployment rate, meanwhile, fell in November by 0.1 percentage points to 3.3 percent. That rate is the lowest since the federal government began keeping records in 1976.

With the record rate, Georgia’s number of unemployed residents fell to the lowest total in more than 18 years – a time when Georgia had about 1 million fewer people in its labor force.

Georgia added 6,500 jobs in November, pushing the total to 4.64 million jobs – a new record for the state. That number is up 69,000 from the same time last year.

In terms of monthly change, four sectors were up more than 2,000:

Trade/transportation/utilities, 3,200
Education/health services, 3,100
Other services, 2,300
Construction, 2,300.

The top job sectors in terms of annual growth were:

Education/health services, 25,600
Leisure/hospitality, 18,200
Trade/transportation/utilities, 9,100
Construction, 7,200.

With all that job growth, Georgia also set records for the most jobs ever in leisure/hospitality, education/health and financial activities.

In November, the number of employed residents climbed by 11,175 and pushed Georgia’s total employment to 4.96 million. That’s a new record for Georgia as well.

Georgia’s labor force also grew in November by 5,980, adding to a total work force of more than 5.1 million. That number has grown by 34,391 over the year. The state has had several consecutive months of work force growth after a down period.

The state’s work force is also Georgia’s largest ever.

“We have seen the labor force start growing again,” Butler said, “but it’s still not where I want it to be. I’d like to see it grow even more. We need more individuals in the work force to take all the jobs we have open.”

At the same time, new claims for unemployment decreased in November by 18 percent from the previous month. They were down by about 33 percent as compared with November 2018.

“Thanks to strong, conservative leadership at the State Capitol, Georgia continues to grow and prosper,” said Governor Brian P. Kemp. “Unemployment rates are at historic lows, workforce participation is at an all-time high, and job creators have Georgia on their minds.

“To keep Georgia the best place to live, work, and raise a family, we must support our small businesses, recruit projects of regional significance to our rural communities, and dismantle criminal street gangs so our families are safe from harm. By working together, we can ensure that Georgia’s best and brightest days are still to come.”

In November, EmployGeorgia.com noted about 92,000 job postings.