Georgia's Unemployment Rates Drops in October
The Georgia Department of Labor says the state’s unemployment rate dropped drastically in October. According to the most recent numbers from the department, the unemployment rate decreased by 1.8 percent, to 4.5 percent. Before the pandemic Georgia had an all-time low rate of just over 3 percent.
In addition, there are over 162,000 jobs currently listed on EmployGeorgia.
State Labor Commissioner Mark Butler said “reemployment teams have been working with hundreds of companies across the state to assist in getting Georgians into higher paying careers.”
Since March 21, 2020, more than four million [4,050,224] regular UI initial claims have been processed, more than the last nine years combined (3.8 million).
Georgia has seen an 8.1 percentage drop in unemployment since April when the state reported a 12.6 percent unemployment rate, Georgia’s all-time high.