Georgia’s jobless rate got a little higher in May, but still stayed at a historically low level as the number of people on employer payrolls set another new record.
The state’s unemployment rate rose to 3.2% in May after nine months in a row at 3.1%. That’s also up from an all-time low of 2.9% in May of 2022.
But the slight uptick doesn’t obscure the strength of Georgia’s labor market. May was the 20th straight month that Georgia recorded an unemployment rate below 3.5%. That only happened in five months between 1976 and September 2021.
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