Job creation in Georgia was not as strong in the second
quarter (April-June 2019) as originally reported.
Based on new information from the U.S. Bureau of Labor
Statistics, the state saw creation of 11,700 new jobs, down from the original
estimate of 14,600 over the three-month period.
Georgia 12-month employment gains, June 2009 - June 2019
Source: U.S. Bureau of Labor Statistics. All data are seasonally adjusted.
With the revised figures, Georgia’s employment growth from
the 2nd quarter of 2018 to the 2nd quarter of 2019
increased by 77,500 (1.7%) rather than the originally reported 80,400 (1.8%).
The increase was the smallest 2nd quarter growth
rate recorded by the state since 2013 and marks the third consecutive year of
continuous slowing in the creation of new jobs.
Industry Data
The 20% decline (-2,900) in new jobs between the preliminary
and revised quarterly reports can be attributed to lower employment growth estimates
for several industries in the state.
The private sector saw creation of 9,000 new jobs, 1,900
fewer than originally estimated.
Professional and business services declined by 3,200
compared to original estimates of a 2,400-job loss.
Leisure and hospitality showed as smaller decline than
originally reported, dropping by 2,100 over the quarter, as opposed to original
estimate of a 2,400-job loss.
Health care and social assistance employment rose but by a lower
amount than originally estimated. Employment in the sector grew by 3,500. The
preliminary estimate had shown an increase of 4,800 jobs.
Construction added fewer jobs than originally reported,
growing by 3,500 jobs rather than the previously reported 4,000 job growth.
Public sector jobs (federal, state, and local governments
combined) added 2,700 new jobs, down by 1,000 from original estimates.
