November 2024 | Released December 19, 2024

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United States Employment Snapshot

• In November, among the 50 states and the District of Columbia unemployment fell in 6, rose in 25, and remained unchanged in 20.

• The highest unemployment rate was 5.7 percent in Nevada, and the lowest was 1.9 percent in South Dakota. Nationally, the unemployment rate rose by 0.1 percentage point to 4.2 percent.

• In November, payroll jobs rose in 39 states and fell in 12. The largest payroll job percent increase was 0.9 percent in Washington. The largest payroll job percent decline was 0.3 percent in Vermont.

Georgia Employment Snapshot

• In November, Georgia lost 2,000 net payroll jobs and the unemployment rate rose by 0.1 percentage point to 3.7 percent. In the prior month, Georgia added 1,400 net payroll jobs.

• Over the past 12 months, Georgia added 45,900 net payroll jobs and the unemployment rate rose by 0.5 percentage points from 3.2 percent.

• Nationally, nonfarm payrolls rose by 227,000 in November, or 0.1 percent. Georgia is tied for 40th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• In November, Georgia’s private sector lost 3,300 net private payroll jobs, and over the past 12 months it added 26,400 private payroll jobs. In the prior month, Georgia lost 1,300 net private payroll jobs.

• In November, employment in Georgia fell by 5,217, and over the past 12 months it rose by 57,184.

• Georgia’s labor force participation rate fell to 61.6 percent in November from 61.7 percent and ranks 36th in the nation. In the past 12 months, the labor force participation rate has risen by 0.1 percentage points.

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Georgia Payroll Employment

• Georgia lost 2,000 net payroll jobs, or 0 percent, on a seasonally adjusted basis during November. In the prior month, Georgia added 1,400 jobs. Georgia nonfarm payroll employment has increased in 9 of the past 12 months.

• Nationally, nonfarm payrolls rose by 227,000 in November, or 0.1 percent. Georgia is tied for 40th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• Georgia lost 3,300 private sector jobs, or -0.1 percent. on a seasonally adjusted basis during November. In the prior month, Georgia lost 1,300 jobs. Georgia private sector payroll employment has increased in 6 of the past 12 months.

• Nationally, private sector payroll jobs rose by 194,000 jobs in November, or 0.1 percent. Georgia is tied for 41st in the nation for percentage gain in private sector payroll employment over the past 12 months.

• The best performing sectors on a seasonally adjusted basis during November were Education and Health Services (2,300) and Financial Activities (1,800).

• The poorest performing sectors during the month were Leisure and Hospitality (-1,600) and Professional and Business Services (-2,200).

• The best performing sectors during the last 12 months were Education and Health Services (23,300) and Government (19,500).

• The poorest performing sectors during the last 12 months were Information (-3,700) and Professional and Business Services (-8,000).

Georgia Labor Force

The labor force participation rate is the percentage of the civilian noninstitutionalized population age 16 and older who are employed or actively looking for work.

• The labor force participation rate in Georgia fell to 61.6 percent in November from 61.7 percent in the prior month.

• Georgia ranks 36th in the nation.

• The 10-year high for the labor force participation rate in Georgia was 64 percent occurring in August 2017, and the 10-year low was 59.5 percent in September 2020.

• The national labor force participation rate fell by 0.1 percentage points to 62.5 percent in November.