Georgia's July Jobless Rate Level as More Re-enter Workforce
More Georgia workers had jobs in July, but the state’s unemployment rate stayed level as more people re-entered the workforce. The numbers show an economy still recovering from the shock of the pandemic, which forced historic numbers of people out of work. Georgia’s July jobless rate was 7.6%, the same as in June.
The number of people seeking jobs rose more rapidly than the number of employed people, pushing the number of unemployed Georgians up slightly to 378,000. A separate employer survey shows Georgians on payrolls rose about 44,000. With the state still paying more than $100 million weekly in jobless benefits, its trust fund is on pace to run empty within three weeks, prompting borrowing from the federal government.