October 2024 | Released November 19, 2024

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United States Employment Snapshot

• In October, among the 50 states and the District of Columbia unemployment fell in 8, rose in 22, and remained unchanged in 21.

• The highest unemployment rate was 5.7 percent in District of Columbia and Nevada, and the lowest was 1.9 percent in South Dakota. Nationally, the unemployment rate remained unchanged in October.

• In October, payroll jobs rose in 21 states and fell in 30. The largest payroll job percent increase was 0.4 percent in Idaho. The largest payroll job percent decline was 1 percent in Washington.

Georgia Employment Snapshot

• In October, Georgia added 1,500 net payroll jobs and the unemployment rate remained unchanged at 3.6 percent. In the prior month, Georgia added 500 net payroll jobs.

• Over the past 12 months, Georgia added 64,900 net payroll jobs and the unemployment rate rose by 0.4 percentage points from 3.2 percent.

• Nationally, nonfarm payrolls rose by 12,000 in October, or 0 percent. Georgia is tied for 28th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• In October, Georgia’s private sector lost 900 net private payroll jobs, and over the past 12 months it added 44,300 private payroll jobs. In the prior month, Georgia added 500 net private payroll jobs.

• In October, employment in Georgia rose by 774, and over the past 12 months it rose by 61,395.

• Georgia’s labor force participation rate fell to 61.7 percent in October from 61.8 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 added 1,500 net payroll jobs, or 0 percent, on a seasonally adjusted basis during October. In the prior month, Georgia added 500 jobs. Georgia nonfarm payroll employment has increased in 10 of the past 12 months.

• Nationally, nonfarm payrolls rose by 12,000 in October, or 0 percent. Georgia is tied for 28th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• Georgia lost 900 private sector jobs, or 0 percent. on a seasonally adjusted basis during October. In the prior month, Georgia added 500 jobs. Georgia private sector payroll employment has increased in 7 of the past 12 months.

• Nationally, private sector payroll jobs fell by 28,000 jobs in October, or 0 percent. Georgia is tied for 30th 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 October were Leisure and Hospitality (3,100) and Education and Health Services (2,600).

• The poorest performing sectors during the month were Information (-1,300) and Professional and Business Services (-3,300).

• The best performing sectors during the last 12 months were Education and Health Services (22,100) and Government (20,600).

• The poorest performing sectors during the last 12 months were Professional and Business Services (-3,100) and Information (-3,700).

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 61.7 percent in October from 61.8 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 62.6 percent in October.