Unemployment Rate: The unemployment rate in Georgia plays a significant role in the hiring industry and human resources. As of January 2022, the unemployment rate in Georgia was 3.8%, which is slightly lower than the national average of 4.2%. A low unemployment rate can make it challenging for companies to find qualified candidates for job openings.
Minimum Wage: The minimum wage in Georgia is currently set at $7.25 per hour, which is the same as the federal minimum wage. This means that employers in Georgia must pay their employees at least this amount per hour of work. However, some cities in Georgia, such as Atlanta and Savannah, have implemented their own minimum wage laws that require employers to pay a higher minimum wage.
Equal Employment Opportunity (EEO): EEO laws at the federal level, including the Civil Rights Act of 1964 and the Americans with Disabilities Act (ADA), apply in Georgia, which prohibit discrimination in hiring, compensation, and other employment practices on the basis of race, color, religion, sex, national origin, age, and disability. Georgia also has state laws prohibiting discrimination on additional protected bases, such as sexual orientation and gender identity.
Workforce Demographics: Georgia's population is diverse, with a mix of races, ethnicities, and ages. In 2020, Georgia's population was estimated to be 10.7 million, with 52% female and 48% male. The largest racial/ethnic group in Georgia is White (54%), followed by Black or African American (33%), Hispanic or Latino (10%), and Asian (4%). Understanding the demographics of the workforce can help employers design recruitment and hiring strategies that attract a diverse pool of candidates.
Labor Force Participation Rate: Georgia's labor force participation rate, which measures the percentage of the population that is employed or actively seeking work, is a key statistic for the hiring industry and human resources. In 2021, the labor force participation rate in Georgia was 60.1%, slightly lower than the national average of 61.7%. A low labor force participation rate can make it more challenging for employers to find qualified candidates for job openings.
Occupational Employment Statistics (OES): The OES program provides employment and wage estimates for over 800 occupations in Georgia, which can be useful for employers in setting competitive wages and benefits packages. According to the May 2020 OES survey, the largest occupational groups in Georgia were Office and Administrative Support (14.7% of total employment), Sales and Related Occupations (10.8%), and Food Preparation and Serving Related Occupations (9.6%).
Some of the largest cities in Georgia include: Atlanta, Columbus, Augusta, Macon, Savannah, Athens, Sandy Springs, Roswell, Johns Creek, Albany, Warner Robins, Alpharetta, Marietta, Valdosta, Smyrna, Brookhaven, Dunwoody, Peachtree Corners, Gainesville, Newnan