Georgia Jobless Rate Stays at Record Low 3.1% in April

ATLANTA (AP) — Georgia’s unemployment charge continued to hover at a report low of three.1% in April as extra individuals continued to seek out jobs.

The jobless charge was unchanged from March, when it set a brand new all-time low. A yr in the past, 4.3% of Georgia staff had been unemployed.

Greater than 5.1 million individuals mentioned they had been working in April, whereas 161,000 Georgians had been unemployed and in search of work.

Georgia’s jobless charge fell for 19 consecutive months after hitting an all-time excessive of 12.3% at the beginning of the pandemic in April 2020.

The variety of staff on employer payrolls — the highest labor market measure for a lot of economists — rose by 18,000 in Georgia in April, reaching 4.76 million. That is 250,000 above payroll ranges final yr.

Payrolls hit a brand new all-time excessive for the fifth straight month. Payrolls are measured by a survey of employers, separate from the survey of people.

The state launched the figures Thursday. They’re adjusted to cancel out seasonal fluctuations.

The nationwide unemployment charge stayed stage from March to April at 3.6%, down from 6% a yr in the past.

About 4,000 Georgia staff filed for brand new unemployment advantages within the week ended Could 14. New unemployment filings have fallen to pre-pandemic ranges within the state.

The general variety of individuals accumulating common state unemployment was about 25,000 within the week ended Could 7.

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