Gainesville Unemployment Rate Holds Steady for the New Year
Monday, February 26th, 2024
Georgia Labor Commissioner Bruce Thompson said Thursday that Gainesville recorded an unemployment rate of 2.2 percent in December, unchanged over-the-previous month. A year ago, the rate was 2.2 percent.
“Georgia's success story is nothing short of phenomenal, boasting a blockbuster year with over 5.1 million hardworking Georgians driving our state forward," said Commissioner Bruce Thompson. "As existing businesses scale new heights and a steady influx of new enterprises proudly choose Georgia as their home, the Peach State appears headed toward continued economic success.”
The labor force decreased in Gainesville by 1,074 and ended the month with 109,447. That number went up by 1,373 when compared to December of 2022.
Gainesville finished the month with 107,068 employed residents. That number decreased by 991 over-the-month and rose by 1,369 when compared to the same time a year ago.
Gainesville ended December with 105,400 jobs. That number decreased by 800 from November to December and rose by 1,900 when compared to this time last year.
In December, initial unemployment claims decreased by 22 (-7%) in Gainesville. When you compare December 2023 claims to December 2022, claims were up by 52 (22%).