Georgia job market still positive, but may be leveling off

The jobless rate in October remained below a year ago, when 3.4% of Georgia workers were unemployed.

David Goldman / AP

Unemployment data shows a Georgia job market that’s still hot but leveling off.

The state’s unemployment rate ticked up to 2.9% in October after three months at an all-time low of 2.8%. And while employers are still adding workers to payrolls, those gains may be slowing.

The jobless rate remained below a year ago, when 3.4% of Georgia workers were unemployed. But the labor force fell for the fourth straight month, while the number of people reporting they had a job fell for the third straight month. The number of Georgians unemployed and seeking work crept up to 152,000 after two months of ultra-low readings below 150,000.