Masters Delivers Job Boost to Augusta Metro in April

Friday, May 16th, 2014

The Augusta metro area received its annual Masters Tour­nament employment bump, with a net gain of 4,700 jobs in April, according to data released Thursday by the Georgia Department of Labor.

Most of the gain was in the hospitality and leisure sector, which added 3,100 jobs last month, with 500 more in retail. Compared with April 2013, there were 1,100 more people working in hospitality and 100 more in retail, according to labor statistics.

“They’ve been getting larger, the boost that we’ve been getting,” said Simon Medcalfe, a finance professor at Georgia Regents University.

In 2008, the number of jobs in retail or hospitality was 47,300. It grew annually to 49,100 in 2011 before dipping in 2012 to 47,900. There were 49,700 people in April 2013 with jobs in retail or hospitality and 50,900 last month.

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