Metro Savannah’s Unemployment Rate Declines To 4.5 Percent

The Georgia Department of Labor announced today that Metro Savannah’s unemployment rate for May was 4.5 percent, down two-tenths of a percentage point from 4.7 percent in April. The rate in May 2015 was 5.8 percent.

The rate declined as employers created more jobs and more people were employed.

The number of jobs increased by 800, or 0.5 percent, to 177,800 in May. Most of the increase came in leisure and hospitality, education and health services, financial activities, transportation and warehousing, and local government.

Over the year, Savannah gained 5,700 jobs, a 3.3 percent growth rate, up from 172,100 in May 2015. Most of the job gains came in professional and business services, leisure and hospitality, state and local government, education and health services, transportation and warehousing, financial activities, and other services, along with manufacturing.

Savannah’s labor force, which consists of people who are employed, unemployed and actively looking for work, increased by 677 to 180,104. The number of employed people increased by 985 to 172,016, while the number of unemployed workers dropped by 308.

The number of initial claims for unemployment insurance rose by 77, or 10.9 percent, to 781 in May. Most of the increase came in manufacturing, transportation and warehousing, and health care and social assistance. However, over the year, claims were down by 149, or 16 percent, from 930 in May 2015.

Job seekers and employers are encouraged to use the GDOL’s online job listing service, to search for jobs or recruit new employees. In May, 2,490 jobs in Savannah were posted on Employ Georgia. Throughout the state, 63,508 jobs were posted.

Local area unemployment data are not seasonally adjusted. Georgia labor market data are available at www.dol.georgia. gov.

To learn more about career opportunities, Employ Georgia and other GDOL services for job seekers and employers, and to connect with us on social media, visit www.dol.georgia. gov

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.