Albany’s April Unemployment Rate Drops to 3.4%
Tuesday, May 28th, 2024
Georgia Labor Commissioner Bruce Thompson said Thursday that Albany recorded an unemployment rate of 3.4 percent in April, down four-tenths of a percent over the month. A year ago, the rate was 3.3 percent.
“Empowering the right people, in the right place, at the right time to make the right decisions is why Georgia continues to lead the nation in low unemployment and job opportunities for hardworking Georgians," said Commissioner Bruce Thompson. "From the state to the local level, Georgia is focused on creating an environment where businesses can thrive, and everyday workers can find good jobs and build better lives.”
The labor force increased in Albany by 290 and ended the month with 64,747. That number went up by 1,010 when compared to April of 2023.
Albany finished the month with 62,514 employed residents. That number increased by 493 over-the-month and went up by 877 when compared to the same time a year ago.
Albany ended April with 62,700 jobs. Jobs increased by 400 over-the-month and were up by 700 over-the-year.
In April, initial unemployment claims increased by 73 (34%) in Albany. When you compare April 2024 claims to April 2023, claims were up by 2 (1%).