Overall unemployment rate moved down to 2.6% with the biggest shift in Transportation & Utilities, which gained 2,100 roles, based on the most recently available information published in December 2021.
Total employment in the Augusta-Richmond County, GA-SC market rose by 714 jobs in October and the unemployment rate decreased compared to the prior month by 20 bps to 2.6%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Augusta-Richmond County, GA-SC unemployment rate is 166 bps below the national rate which is a positive sign.
- Unemployment in the market is 210 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in October versus prior month by -0.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Government: 44,800; +100
- Transportation & Utilities: 43,500; +2,100
- Education & Healthcare: 35,600; +400
- Business Services: 31,000; -600
- Restaurants & Hotels: 23,700; +300
- Manufacturing: 23,400; +300
- Construction, Mining: 20,000; -600
- Other Jobs: 8,300; no change
- Financial Services: 6,100; no change
- IT & Development: 2,200; no change
Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.