Savannah Sees Rise in June Unemployment Rate

Staff Report

Friday, July 29th, 2022

Georgia Labor Commissioner Mark Butler said Thursday that Savannah recorded an unemployment rate of 3.1 percent in June, up five-tenths of a percent over the month. A year ago, the rate was 4.6 percent.

“While the seasonally adjusted state unemployment rate went down in June, it is important to note that local area rates are not seasonally adjusted to take account for fluctuations due to seasonal events that include weather, harvests, major holidays, and school schedules,” said Georgia Labor Commissioner Mark Butler. “The increase in local rates is typical for summer and Georgia is still leading the Southern Region and third in the nation in percentage increases in employment.”

Georgia had a seasonally adjusted percent change in employment of 5.4 percent from June 2021 to June 2022. Georgia ranked 3rd (out of 8) in the South Region and 18th nationally for lowest unemployment rate, with a preliminary seasonally adjusted unemployment rate of 2.9 percent for June 2022 and had the second lowest unemployment rate among the top ten most populated states (Florida, 2.8%).

The labor force increased in Savannah by 1,302 and ended the month with 201,354. That number is up 3,435 when compared to June of 2021.

Savannah finished the month with 195,125 employed residents. That number decreased by 318 over the month and is up by 6,302 when compared to the same time a year ago.

Savannah ended June with 200,400 jobs, an all-time high. That number increased by 1,600 from May to June and is up by 10,100 when compared to this time last year.

The number of unemployment claims went up by 25 percent in Savannah in June. When compared to last June, claims were down by about 84 percent.