Showing posts with label Georgia job quits. Show all posts
Showing posts with label Georgia job quits. Show all posts

Friday, January 20, 2023

Georgia job market unchanged between October and November 2022 but most categories saw declines from 2021

 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.