Overall unemployment rate moved up to 3.1% with the biggest shift in Government, which gained 500 roles, based on the most recently available information published in September 2021.
Total employment in the Valdosta, GA market rose by 157 jobs in August and the unemployment rate increased compared to the prior month by 10 bps to 3.1%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Valdosta, GA unemployment rate is 219 bps below the national rate which is a positive sign.
- Unemployment in the market is 300 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) stayed flat in August versus prior month and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.0% . Key sectors include:
- Transportation & Utilities: 13,400; no change
- Government: 12,600; +500
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.