Georgia’s unemployment rate rose for the fourth month in a row as more workers entered the workforce than could find jobs.
The state’s jobless rate grew to 3.6% in August, up from 3.4% in July and also above the 3.2% rate recorded in August 2023.
The number of Georgians who reported being unemployed rose above 190,000, the highest level in three years.
While the number of people saying they were working has continued to climb slowly, setting new records every month so far this year, the number of people available to work has risen more rapidly.
The weaking job market is also reflected in a separate survey of employer payrolls — the top labor market measure for many economists. Employers reported 4.98 million workers on their payrolls in August, which was basically unchanged from July and 70,000 higher than in August 2023.
