Overall unemployment rate moved down to 3.7% with the biggest shift in Restaurants & Hotels, which lost 1,000 roles, based on the most recently available information published in June 2021.
Total employment in the Augusta-Richmond County, GA-SC market declined by 1,708 jobs in May and the unemployment rate decreased compared to the prior month by 20 bps to 3.7%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Augusta-Richmond County, GA-SC unemployment rate is 180 bps below the national rate which is a positive sign.
- Unemployment in the market is 500 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 2.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.3%. Key sectors include:
- Government: 45,200; no change
- Transportation & Utilities: 40,900; +300
- Education & Healthcare: 35,000; +200
- Business Services: 31,500; -200
- Restaurants & Hotels: 23,900; -1,000
- Manufacturing: 23,300; +200
- Construction, Mining: 20,700; -200
- Other Jobs: 8,300; +100
- Financial Services: 6,100; no change
- IT & Development: 2,200; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.