Overall unemployment rate moved up to 3.6% with the biggest shift in Transportation & Utilities, which lost 1,300 roles, based on the most recently available information published in March 2022.
Total employment in the Augusta-Richmond County, GA-SC market declined by 2,863 jobs in January and the unemployment rate increased compared to the prior month by 90 bps to 3.6%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Augusta-Richmond County, GA-SC unemployment rate is 83 bps below the national rate which is a positive sign.
- Unemployment in the market is 120 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in January versus prior month by -3.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.9%. Key sectors include:
- Transportation & Utilities: 43,800; -1,300
- Government: 43,400; -700
- Education & Healthcare: 34,200; -900
- Business Services: 31,600; +300
- Restaurants & Hotels: 25,600; no change
- Manufacturing: 23,900; +200
- Construction, Mining: 18,800; +300
- Other Jobs: 8,600; no change
- Financial Services: 6,600; no change
- IT & Development: 2,000; no change
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.