Overall unemployment rate moved down to 3.4% with the biggest shift in Restaurants & Hotels, which gained 1,000 roles, based on the most recently available information published in August 2022.
Total employment in the Augusta-Richmond County, GA-SC market rose by 18 jobs in July and the unemployment rate decreased compared to the prior month by 30 bps to 3.4%. The national unemployment rate decreased by 5 bps over the same time to 3.8%.
- Augusta-Richmond County, GA-SC unemployment rate is 38 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 July versus prior month by 4.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Transportation & Utilities: 44,600; +200
- Government: 42,400; -500
- Business Services: 34,300; +300
- Education & Healthcare: 33,900; -100
- Restaurants & Hotels: 27,100; +1,000
- Manufacturing: 24,000; -200
- Construction, Mining: 18,700; no change
- Other Jobs: 8,900; 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 July 2022 (Data published August 2022 and reports created on September 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.