July Unemployment Rate Declines in Athens
Monday, August 28th, 2023
Georgia Labor Commissioner Bruce Thompson said Thursday that Athens recorded an unemployment rate of 3.1 percent in July, down five-tenths of a percent over the month. A year ago, the rate was 3.1 percent.
“Georgia’s labor market continues to stand strong as a beacon of hope and prosperity,” said Commissioner Bruce Thompson. “With low unemployment and plentiful job opportunities, local communities are thriving and showcasing remarkable resilience in the face of economic uncertainty.”
The labor force decreased in Athens by 718 and ended the month with 99,250. That number went up by 3,158 when compared to July of 2022.
Athens finished the month with 96,132 employed residents. That number decreased by 262 over-the-month and rose by 3,031 when compared to the same time a year ago.
Athens ended July with 99,100 jobs. That number decreased by 1,000 from June to July and rose by 4,100 when compared to this time last year.
In July, initial unemployment claims increased by 88 (42%) in Athens. When you compare July 2023 claims to July 2022, claims were up by 40 (16%).
