Good news about Atlanta’s and Georgia’s economic vitality continue to abound recently. Atlanta Daily World previously reported that, because of strong growth spurt, the population of the metro Atlanta region (a 10-county area surrounding the ATL) has surged to nearly 4.5 million people. That is more people in this tight area than in 24 states in the U.S.
Another strong indicator was reported by state officials, which reported that Georgia’s unemployment rate has fallen to 5 percent.
The Georgia Department of Labor stated on Thursday the July unemployment rate of 5 percent, saying it’s down from 5.1 percent the previous month and 5.7 percent in July 2015.
State Labor Commissioner Mark Butler said in a statement that Georgia’s jobless rate declined as employers hired more people and created more jobs. The continual import of multinational corporations’ regional headquarters in metro Atlanta — such as adidas, Porsche, Mercedes Benz and others — have contributed greatly to the cause, not to mention the ancillary jobs created as a result of these, such as restaurants, stores, home construction, hotels, bars, etc.
Another indication that Georgia and the country is rebounding from the greatest recession since the Great Depression (also called the Great Recession)? Butler said the number of unemployed Georgians has fallen to 242,893 — its lowest level since October 2007 when President Bush was in office. This counters the false narrative propagated by GOP nominee Donald Trump that the country is in deep trouble economically.