Overall unemployment rate moved up to 3.0% with the biggest shift in Government, which gained 8,300 roles, based on the most recently available information published in September 2022.
Total employment in the Atlanta-Sandy Springs-Roswell, GA market declined by 20,468 jobs in August and the unemployment rate increased compared to the prior month by 20 bps to 3.0%. The national unemployment rate stayed flat over the same time period at 3.8%.
- Atlanta-Sandy Springs-Roswell, GA unemployment rate is 79 bps below the national rate which is a positive sign.
- Unemployment in the market is 90 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 3.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Transportation & Utilities: 640,000; -1,400
- Business Services: 601,600; +3,800
- Education & Healthcare: 390,700; +4,700
- Government: 331,100; +8,300
- Restaurants & Hotels: 293,300; -7,100
- Financial Services: 198,000; +1,100
- Manufacturing: 175,300; -1,900
- Construction, Mining: 133,800; +700
- IT & Development: 123,300; +2,300
- Other Jobs: 103,200; no change
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.