The unemployment situation in Georgia is improving, with last week’s claims 24.80% lower than in the previous week and 28.33% lower than last year, according to WalletHub’s updated rankings for the States Where Unemployment Claims Are Increasing the Most. 

Unemployment Situation in Georgia (1=Worst; 25=Avg.):

• Overall Rank for Georgia: 49^th
   
• 48^th – Unemployment Claims Increase vs. Previous Week
   
• 49^th – Unemployment Claims Increase vs. Same Week Last Year
   
• 39^th – Cumulative Unemployment Claims in 2024 vs. Same Period Last Year
   
• 41^st – Unemployment Claims per 100,000 People in Labor Force

To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/states-unemployment-claims/72730  

WalletHub Q&A

Are job seekers spending more time unemployed now than they did before the pandemic?

“While the job search may seem endless for some, on average, job seekers without a college degree are spending less time unemployed now than before as companies continue to rebuild their frontline workforce after the pandemic. However, individuals with bachelor's degrees spend more time unemployed when entering the workforce but less time after losing a job, as they may be more selective in their employment initially, only to become less selective and more in-demand later due to their job experience,” noted Cassandra Happe, WalletHub Analyst. “As companies strive to balance labor costs with quality talent, job seekers holding a postgraduate degree face challenges in aligning their expectations with available opportunities. Although postgraduate degree holders entering or re-entering the workforce spend less time unemployed now, they spend nearly four more weeks unemployed after losing their jobs compared to pre-pandemic trends. In this tight job market, these job seekers may face difficulty finding a new position that aligns with their job responsibilities and compensation expectations, especially within their specialized fields of study.”


Which occupational sectors are expected to grow most rapidly within the next decade?

“The healthcare and social assistance sector is on the brink of a significant job surge within the next decade. According to the Bureau of Labor Statistics projections, this sector is poised to account for almost 45% of the total job gains during this period,” observed Cassandra Happe, WalletHub Analyst. “Occupations catering to the aging population, such as home health and personal care aides, are predicted to witness the largest increases. Furthermore, employment in jobs relating to computers and mathematics will grow as more businesses expand their online presence. With consumers generating more data through digital channels, employment in roles focusing on collecting, analyzing, and safeguarding this data, specifically in the fields of data science, statistics, and information security, is projected to grow more than 11 times as fast as the average type of job in the coming years.”


How do red states and blue states compare when it comes to new unemployment claims?

“With an average rank of 32 among the states with the biggest increases in unemployment claims, red states fared better last week than blue states, which rank 20 on average,” said Cassandra Happe, WalletHub Analyst. “The lower the number of the ranking, the bigger the increase in the state's new unemployment claims was.”


How has unemployment in the South Atlantic states – the division with the highest inflation growth in the past 12 months – been impacted?

“Among South Atlantic states, Georgia’s unemployment claims have experienced the 4th biggest decrease in the U.S. For the week of March 25, Georgia had 3,344 new unemployment claims, a 25% decrease from the previous week. On the other hand, unemployment claims in Maryland have experienced a 33% increase for the same period.”