Atlanta Sees Rise in June Unemployment Rate

Staff Report

Friday, July 29th, 2022

Georgia Labor Commissioner Mark Butler said Thursday that Atlanta recorded an unemployment rate of 3.2 percent in June, up six-tenths of a percent over the month. A year ago, the rate was 4.5 percent.

“While the seasonally adjusted state unemployment rate went down in June, it is important to note that local area rates are not seasonally adjusted to take account for fluctuations due to seasonal events that include weather, harvests, major holidays, and school schedules,” said Georgia Labor Commissioner Mark Butler. “The increase in local rates is typical for summer and Georgia is still leading the Southern Region and third in the nation in percentage increases in employment.”

Georgia had a seasonally adjusted percent change in employment of 5.4 percent from June 2021 to June 2022. Georgia ranked 3rd (out of 8) in the South Region and 18th nationally for lowest unemployment rate, with a preliminary seasonally adjusted unemployment rate of 2.9 percent for June 2022 and had the second lowest unemployment rate among the top ten most populated states (Florida, 2.8%).

The labor force increased in Atlanta by 20,431 and ended the month with 3,219,723. This number is up 87,837 since June 2021.

The number of employed was up 2,798 to 3,117,805 in June from May. From June 2021 to June 2022, the number of employed was up 128,247.

The number of unemployed was up 17,633 to 101,918 in June. From June 2021 to June 2022, the number of unemployed was down 40,410.

Atlanta ended June with 2,983,800 jobs, an all-time high. Jobs were up 20,600 (0.7%) over the month and up 179,300 (6.4%) over the year. Job numbers were at an all-time high in Information, 121,700, Financial Activities, 195,600, and Professional and Business Services, 596,200.

The sectors with the most over-the-month job gains included Accommodation and Food Services, 5,900, Professional, Scientific, and Technical Services, 3,100, Finance and Insurance, 2,800, Transportation and Warehousing, 2,300, and Arts, Entertainment, and Recreation, 1,900.

The number of initial unemployment claims went up by 54 percent in Atlanta in June. When compared to last June, claims were down by about 75 percent.

Employ Georgia, the GDOL’s online job listing service at employgeorgia.com showed about 105,000 active job postings in metro Atlanta for June.