Georgia Hitting Records in Employment and Job Creation

Lt. Gov. Casey Cagle and Labor Commissioner Mark Butler announced today that Georgia achieved records in employment and job creation during May. The highlights of the jobs report:

  • The number of employed Georgians is at an all-time high, after increasing by 13,552 to 4,929,241
  • The labor force has grown to an all-time high of 5,144,777, after adding 6,793 new participants
  • Our economy added 6,800 jobs over the month of May and the labor force is up 76,700 over the year
  • Statewide, our unemployment rate fell to 4.2%, the lowest rate since August 2001
  • Jobs are at an all-time high because of strong month-over-month and year-over-year growth, which continues to outpace the nation
  • Construction jobs grew by 8.4% over the year
  • There were over 76,000 job postings in May
  • From May 2017 to May 2018, our state’s labor force has increased by 96,632 (1.9%), and the number of employed Georgians is up 123,039 (2.6%)

Cagle:

“Across all major indicators, this report demonstrates Georgia’s economy has never been stronger and our state continues to grow at a record pace.

Partnering with Governor Deal, we’ve led to lift employment to a record high, bringing more Georgians into the workforce so they can provide for their families. In the years ahead, our $5.7 billion income tax cut will continue returning more money back into the pockets of hard working Georgians. Our College and Career Academies are building a workforce second to none. And going forward, we will only double-down on our pro-jobs, work-first policies to encourage more Georgians to get into the workforce and pursue even greater opportunities to climb up the economic ladder.”

Butler:

“Georgia continues to prove that it is a great place for both employees and employers. As employers bring more jobs to the state, our labor force is ready and able to fill those jobs. The fact that we are seeing these records month after month shows the continuing strength of Georgia’s economy,” said Butler. “In fact, Georgia was recently ranked as the ninth top-performing economy in the nation. I’m really encouraged by where we are seeing job growth. Growth in trade, transportation, and utilities; construction; and manufacturing points to the fact that our economy is thriving.”

One Comment

Add a Comment