Georgia Small Business Employment Profile

The state’s unemployment rate is at 3.1 percent - an all-time low. This number has remained steady since August 2022 and is much lower than the U.S. national unemployment rate of 4.4 percent.1

On an average annual basis, the number of jobs in Georgia will rise by 0.1 percent, compared to a 0.5 percent decline predicted for the U.S. The small positive gain reflects job growth in the first half of 2023 that is offset by the losses predicted in the second half of the year.1

While job losses are expected in 2023, an economic recovery is expected to begin in early 2024.1

1.7 MILLION Small Business Employees2

1.2 MILLION Small Businesses in Georgia2