ATLANTA – Georgia’s economy continued to reach all-time highs on a number of fronts last month, the state Department of Labor reported Thursday.
While Georgia’s unemployment rate remained steady at 3.1% in February, the number of jobs rose by 2,400 to a record high of more than 4.9 million.
The state’s labor force was up by 5,237 last month compared to February of last year to more than 5.3 million, another all-time high. The number of employed increased by 8,458 in February to more than 5.1 million, also a record for Georgia.
“In Georgia, we’re not just keeping pace with the nation,” state Commissioner of Labor Bruce Thompson said Thursday in a prepared statement. “We’re leading the charge in building an ecosystem where businesses and employees not only survive, but thrive.”
Meanwhile, the number of unemployed Georgians fell last month by 3,221 to 163,539, the lowest since July 2022.
Initial unemployment claims declined by 14,443 – or 39% – to 22,888 in February compared to same month a year ago.