Georgia unemployment rate, Jan. 2021 - Nov. 2022
New data provided by the U.S. Bureau of Labor Statistics
indicates that Georgia’s job market had no statistically significant changes
between October and November 2022, while most categories saw small declines
compared to November 2021.
There were 404,000 job openings in the state in November 2022,
virtually the same number as in October although 11,000 fewer than in November
2021.
Hires in the state totaled 229,000 in November, a drop of
19,000 from a year ago.
The state recorded 242,000 total separations, which includes
both voluntary and involuntary decisions to leave jobs, a drop of 43,000 from
the previous November reporting period.
Within the total separations category, the number of people quitting their jobs totaled 173,000 compared to 206,000 reported for the same month last year.
Layoffs
and discharges equaled 58,000 in November, an increase of 3,000 over the
previous year.
The ratio of unemployed persons per job openings in the
state remained at 0.4, the same level reached in November 2021.
The overall result appears to be a leveling off of both job
opportunities and job leavings even as the state continues to record a 3.0% unemployment rate
compared to a 3.3% rate recorded in November 2021.
