July Unemployment Rate Declines in Augusta
Monday, August 28th, 2023
Georgia Labor Commissioner Bruce Thompson said Thursday that Augusta recorded an unemployment rate of 4.0 percent in July, down one-tenth of a percent over the month. A year ago, the rate was 3.7 percent.
“Georgia’s labor market continues to stand strong as a beacon of hope and prosperity,” said Commissioner Bruce Thompson. “With low unemployment and plentiful job opportunities, local communities are thriving and showcasing remarkable resilience in the face of economic uncertainty.”
The labor force increased in Augusta by 660 and ended the month with 266,181. That number went up by 4,128 when compared to July of 2022.
Augusta finished the month with 255,453 employed residents. That number increased by 927 over-the-month and rose by 3,223 when compared to the same time a year ago.
Augusta ended July with 243,900 jobs. That number decreased by 1,400 from June to July and rose by 2,300 when compared to this time last year.
In July, initial unemployment claims increased by 499 (50%) in Augusta. When you compare July 2023 claims to July 2022, claims were up by 72 (5%).
