Southwest Georgia’s unemployment rate drops in August

Southwest Georgia’s unemployment rate drops in August
In Southwest Georgia, the unemployment rate decreased by 1.9 percentage points, dropping the rate to 5.5 percent. A year ago, the rate was 4.2 percent. (Source: Associated Press)

ALBANY, Ga. (WALB) - Georgia Labor Commissioner Mark Butler said Thursday that Southwest Georgia’s unemployment rate decreased in August.

“It is very promising that we continue to see the unemployment rate drop month after month, while the job market gets stronger, evoking positive news for Georgia’s economy,” said Commissioner of Labor Mark Butler. “The state as a whole is leading the nation in competitive unemployment rates, coming in at 7th lowest.”

In Southwest Georgia, the unemployment rate decreased by 1.9 percentage points, dropping the rate to 5.5 percent. A year ago, the rate was 4.2 percent.

The labor force decreased in August by 2,372. The August total was 141,000. That number is down by 6,483 from the total from August 2019.

Southwest Georgia ended August with 133,287 employed residents.  The number increased by 487 in August but was down 7,932 as compared to last year.

Initial claims for unemployment decreased by 48 percent in August. When compared to last August, claims were up by about 962 percent.

In Albany, the unemployment rate decreased 2.3 percentage points in August, reaching 6.5 percent. A year ago, the rate was 4.5 percent.

The labor force decreased in August by 1,779 and ended the month with 63,374. That number is down 3,069 when compared to August of 2019.

Albany finished the month with 59,250 employed residents.  That number decreased by 144 over the month and is down by 4,197 when compared to the same time a year ago.

Albany ended August with 60,300. jobs. That number increased by 500 from July to August but was down by 2,600 when compared to this time last year.

Employ Georgia, the GDOL’s online job listing service at employgeorgia.com showed 2,152 active job postings in Southwest Georgia for August.

Visit gdol.ga.gov to learn more about career opportunities, Employ Georgia, and other GDOL services for job seekers and employers.  Don’t forget to connect with us on social media.

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