Atlanta had the second-fastest rate of job growth of the 12 largest metros in the country in May, the U.S. Bureau of Labor Statistics reported Wednesday. Total nonfarm employment for region was up 3.2 percent to 2,583,200 — an increase of 79,000 from a year ago. Atlanta trailed only Dallas-Fort Worth-Arlington, which saw a 3.4 percent jump.
Atlanta experienced its largest increase in professional and business services. Trade, transportation, and utilities had the second-largest increase in jobs.
Three other sectors in metro Atlanta gained at least 5,500 jobs since last May — education and health services added 9,800 jobs, construction created 6,100 jobs, and financial activities added 5,700.
Information was the only sector in the area that had an employment decline greater than 1,000. Nationally, nonfarm employment increased by 2.2 percent.
To learn more about the real estate market and what employment numbers mean for the greater Atlanta real estate market contact us at Dillard & Company Realty Group and we can send current reports and walk you through current market conditions!
Info courtesy of: Brittney Laryea Atlanta Business Chronicle