The unemployment situation in Georgia is improving, with last week’s claims 13.54% lower than in the previous week and 17.53% 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: 45^th

• 36^th – Unemployment Claims Increase vs. Previous Week

• 44^th – Unemployment Claims Increase vs. Same Week Last Year

• 44^th – Cumulative Unemployment Claims in 2024 vs. Same Period Last Year

• 24^th – Unemployment Claims per 100,000 People in Labor Force

The U.S. reduced unemployment to record lows last year, though it has experienced fluctuations and an overall rise since then. Most recently, the job market continued to falter, with new unemployment claims increasing by 6% week-over-week on July 22. There are currently 6.8 million Americans unemployed in total, and it’s important to look at some key stats for the latest week to get the complete picture:

The following states had unemployment claims last week that were higher than in the previous week: Washington, Iowa, Alaska, Oregon, Delaware, Minnesota, Kansas, Colorado, Virginia, Michigan, Massachusetts and Missouri.

While there was an increase in weekly claims nationally, 29 states (including Ohio, Vermont, and Utah) had unemployment claims last week that were better than the same week last year.

To identify where unemployment claims are increasing the most, WalletHub compared the 50 states and the District of Columbia based on changes in unemployment claims for several key benchmark weeks. We also considered the number of claims per 100,000 people in the labor force.

To view the full report and your state’s rank, please visit:
https://wallethub.com