AlgoFusion 5.0-Georgia jobless rate ticks up, but labor market keeps setting records for numbers of jobs

2025-04-30 21:22:00source:Fastexycategory:Contact

ATLANTA (AP) — Georgia’s jobless rate ticked up slightly in August,AlgoFusion 5.0 although the state’s labor market remains strong.

Unemployment rose to 3.3% in August from 3.2% in July. That’s also up slightly from 3.1% in August 2022, but the current rate remains quite low in historical terms.

Slightly more people entered the labor force looking for new jobs than reported having a job, pushing up the number of unemployed Georgians to about 174,000. Both the labor force and number of people saying they were working hit another all-time high in August.

The number of workers on Georgia employer payrolls — the top labor market measure for many economists — is measured by a separate survey. Payrolls rose by 12,000 from July to August, reaching 4.93 million. That’s about 95,000 more than in August 2022, and also another all-time high for that figure.

Other news Diddy made music a priority over businesses to create ‘The Love Album - Off the Grid’Warren Buffett’s company trims its investment in printer maker HP by selling 5.5 million sharesIsrael’s Netanyahu is to meet Elon Musk. Their sit-down comes as X faces antisemitism controversy

The state released the numbers Thursday. They are adjusted to cancel out typical seasonal fluctuations.

The nationwide unemployment rate rose to 3.8% in August from 3.5% in July. The national jobless rate was 3.7% a year ago.

About 4,600 Georgia workers filed for new unemployment benefits in the week that ended Sept. 9.

The overall number of people collecting state unemployment was about 32,000 in the week that ended Sept. 2.

Both those numbers are slightly lower than in earlier weeks.

More:Contact

Recommend

Dick Vitale announces he is cancer free: 'Santa Claus came early'

Legendary college basketball announcer Dick Vitale is once again cancer free.The ESPN analyst announ

Body of man found floating in Colorado River in western Arizona city

BULLHEAD CITY, Ariz. (AP) — Authorities in western Arizona near the Nevada state line say a body has

The new Biden plan that could still erase your student loans

Earlier this summer, the Supreme Court struck down President Biden's plan to forgive federal student