With inflation remaining high and the U.S. gaining 223,000 jobs in December, fewer than in the previous month, WalletHub today released updated rankings for its report on Changes in Unemployment Rate by State, along with a WalletHub Q&A.
In order to take stock of how unemployment rates are changing throughout the U.S., WalletHub compared the 50 states and the District of Columbia based on six key metrics that compare unemployment rate statistics from the latest month for which data is available (December 2022) to key dates in 2022, 2021, 2020 and 2019.
Below, you can see highlights from the report, along with a WalletHub Q&A.
Unemployment Change in Georgia:
- 0.63% Change in Unemployment (December 2022 vs November 2022)
- 157,032 unemployed people in December 2022 vs 156,056 in November 2022;
- 20th worst change in the U.S.
- -9.53% Change in Unemployment (December 2022 vs December 2021)
- 157,032 unemployed people in December 2022 vs 173,572 in December 2021;
- 26th best change in the U.S.
- -40.47% Change in Unemployment (December 2022 vs December 2020)
- 157,032 unemployed people in December 2022 vs 263,774 in December 2020;
- 19th best change in the U.S.
- -12.66% Change in Unemployment (December 2022 vs December 2019)
- 157,032 unemployed people in December 2022 vs 179,798 in December 2019;
- 14th best change in the U.S.
- 9.21% Change in Not Seasonally Adjusted Continued Claims (December 2022 vs November 2022)
- 24,308 continued claims in December 2022 vs 22,258 in November 2022;
- 5th best change in the U.S.
- 3.0% Unemployment Rate (December 2022)
- 14th lowest unemployment rate in the U.S.
