article about low employment rate in early 2020

Unemployment Rate in Metro Atlanta

In November of 2019, the unemployment rate in Metro Atlanta was at an all-time low of 3.0% – a significant drop from 3.7% in February 2019. This rate, which remained constant all through December 2019, is below the national unemployment rate of 3.5%. This low unemployment rate in metro Atlanta is attributed to the increased availability of jobs in the past few years.

High Demand Jobs in Metro Atlanta

With the necessary skillsets, job applicants can easily get employed in metro Atlanta. Some of the jobs that are in high demand are outlined below.

  • Technicians: Technicians are always in demand, and in a wide range of industries too. For instance, medical and pharmaceutical technicians can always find an opening in major hospitals in metro Atlanta
  • Front Desk Officers: The hospitality industry is one that thrives on human relations, and a front desk officer is always a crucial position. Places such as Midtown or Buckhead thrive on the hospitality business. Landing a job in one of the hotels or tourist facilities is quite easy for a qualified job seeker.
  • Medical Practitioners: Doctors, Pharmacists, Nurses, Therapists, and all other medical officers always have space in Metro Atlanta. There are numerous opportunities to work in big hospitals and pharmaceutical companies, as well as private caregivers.
  • Computer Engineers: Metro Atlanta is the place job seekers with computer skills can get employed quickly. From entry-level positions to senior positions in high-tech organizations, vacancies are readily available for computer geniuses.

Factors Affecting Unemployment Rates in Metro Atlanta

The factors that affect unemployment rates nationally also play out in Metro Atlanta. However, how each element interacts with Metro Atlanta differs, and we’ll be explaining how. While some of these factors enable job seekers to get employed, others contribute to the unemployment rate.

  1. Education and Training

The level of education of an individual plays a crucial role in how quickly they get employed. The more educated a job seeker, the more likely s/he will be able to land a job. Metro Atlanta has a high adult literacy rate, with Georgia recording a rate of 99.4% in 2017. Thus, technicians, medical practitioners, and other professionals that have certain kind of training or education are hardly ever out of jobs in Metro Atlanta.

  1. Economic Activity

With more economic activities comes a lower level of unemployment. Take Buckhead, for instance, has experienced a job growth rate of 2.8% within the last year. And, the job growth rate for Buckhead has been predicted to rise to 46.9% in the next ten years. This tremendous growth is credited to its growing economic activity, which is mostly centered around hospitality and tourism.

  1. Technological Advancement

One of the ripple effects of more technological breakthroughs in artificial intelligence and machine learning is the reduced demand for staffing. More companies are beginning to embrace technology in replacing the need for staffing.

  1. Lack of Adequate Skill Set

Many employees get too comfortable doing the only job they know. In a city like Atlanta, you have to be vast and have a wide range of skill sets.  For instance, a front desk officer, should not get too comfortable doing only front desk responsibilities, but also learn new skills to stand out.

Take Away

The low unemployment rate in metro Atlanta means that businesses and companies have to compete to hire the best talents. However, due to factors such as technological advancement and low adequate skillset, some job applicants may have difficulty getting employed. If you need help recruiting for open positions in your business, or getting hired at a reputable company, you can reach out to us at RG Staffing Resources today!