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Unemployment Rate in Georgia
- Current Rate: As of September 2023, Georgia’s #unemployment rate stood at 3.4%, up from 3.3% in August 2023.
- Comparison to National Average: This rate was 0.4 percentage points lower than the national average for the same period.
- Labor Force Participation: The labor force participation rate in Georgia increased to 61.5%, with the number of employed rising by 12,355 in September, reaching over 5.1 million.
Job Openings in Specific Sectors
- Supply Chain:
- Advanced Engineering:
- Skilled Labor:
Industry and Skills Analysis
- Manufacturing: While specific data for manufacturing jobs in Georgia was not available, the overall trends in engineering and skilled labor suggest a healthy job market, likely reflecting a demand for manufacturing skills as well.
- Supply Chain & Warehouse: These sectors show a significant number of job openings, indicating a robust demand for logistics and warehouse management skills.
- Advanced Engineering: The availability of engineering jobs suggests a strong market for technical skills, particularly in mechanical, electrical, and environmental engineering.
- Skilled Labor: The availability of skilled labor jobs, though relatively lower, points to ongoing demand for specialized manual skills.
The job market in Georgia, particularly in the sectors of supply chain, warehouse, and advanced engineering, appears healthy with numerous job opportunities. The slight increase in the unemployment rate may reflect economic adjustments but remains lower than the national average.
What is interesting to for us is how Georgia has significantly grown in other sectors while manufacturing has been the steady drum beat since the Pandemic. #Film and #fintech dominated the growth sectors the past 3 years however, with recent strikes and declines in technology hiring, #manufacturing remained the pull through helping Georgia remain a Top Ten Hiring state