The labor force of a country is the group of people who are either employed or actively looking for work. The size of the labor force in any given country tells us a lot about its economy and how many people are available for work. The unemployment rate is the percentage of people in the labor force who are without a job and cannot find work. The Bureau of Labor Statistics (BLS) produces an employment report each month that includes the latest labor force statistics for all states and the District of Columbia. These reports provide insight into the health of the economy, as well as labor force trends for each state. The labor force in Georgia is made up of people between the ages of 16 and 64 who are not in school and who are willing and able to work if an opportunity presents itself. This includes people who are looking for a job as well as people who are employed—with or without a degree.

What are the current unemployment and labor force rates in Georgia?

The unemployment rate in Georgia is 4.5%. The labor force in Georgia is 2,933,000 people, an increase of 14,000 people from December 2017. The labor force includes people who are employed and people who are looking for work. Unemployment rates measure the percentage of people in the labor force who do not have a job. The unemployment rate in Georgia is higher than the national average of 3.9%. This means that there are more people who are looking for work than there are people who have jobs in Georgia. The unemployment rate fluctuates based on the number of people who are employed and the number of people who are looking for work. The unemployment rate can increase when more people are looking for work than are employed, or it can decrease when more people are employed than are looking for work.

Who is employed in Georgia?

The BLS reports the number of people who have a job as the employed population. The employed population includes workers as well as people who are self-employed. Some people who work for an employer might not be listed as employed by the BLS because they do not have the required job title. The employed population in Georgia is 2,932,000 people. This is an increase of 15,000 people from December 2017. The percentage of the employed population in Georgia is 70.2%. The percentage of the employed population in Georgia is lower than the national average of 73.6%. This means that there are fewer people who have jobs in Georgia than there are in the United States as a whole.

What is the unemployment rate in Georgia?

The unemployment rate is the percentage of people in the labor force who are unemployed. The unemployment rate in Georgia is 4.2%. The unemployment rate in Georgia is higher than the national average of 3.9%. This means that there are more people who are unemployed in Georgia than there are people who are unemployed in the United States as a whole. The unemployment rate in Georgia is calculated by taking the number of people who are unemployed in a given time period and dividing it by the total number of people in the labor force. The unemployment rate can increase when more people are looking for work than are employed, or it can decrease when more people are employed than are looking for work.

Why is the unemployment rate in Georgia higher than the national average?

The unemployment rate in Georgia is higher than the national average because there are more people who are unemployed in Georgia than there are people who are unemployed in the United States as a whole. The unemployment rate in Georgia is calculated by taking the number of people who are unemployed in a given time period and dividing it by the total number of people in the labor force. The unemployment rate can increase when more people are looking for work than are employed, or it can decrease when more people are employed than are looking for work.

What is the labor force participation rate in Georgia?

The labor force participation rate is the percentage of people in the labor force who are employed. The labor force participation rate in Georgia is 70.2%. The percentage of the labor force in Georgia is lower than the national average of 73.6%. This means that there are fewer people who are employed in Georgia than there are in the United States as a whole. The labor force participation rate is calculated by taking the number of people in the labor force and dividing it by the total number of people in the population. The labor force participation rate can increase when there are more people in the labor force, or it can decrease when there are fewer people in the labor force.

Conclusion

The labor force is the group of people who are either employed or actively looking for work. The size of the labor force in any given country tells us a lot about its economy and how many people are available for work. The unemployment rate is the percentage of people in the labor force who are without a job and cannot find work. The Bureau of Labor Statistics (BLS) produces an employment report each month that includes the latest labor force statistics for all states and the District of Columbia. These reports provide insight into the health of the economy, as well as labor force trends for each state. The labor force in Georgia is made up of people between the ages of 16 and 64 who are not in school and who are willing and able to work if an opportunity presents itself. This includes people who are looking for a job as well as people who are employed—with or without a degree.