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Discover the latest trends and insights in the bustling Atlanta job market with the "Atlanta Job Market Report" podcast. Tune in to stay informed about the newest job opportunities, industry...
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Discover the latest trends and insights in the bustling Atlanta job market with the "Atlanta Job Market Report" podcast. Tune in to stay informed about the newest job opportunities, industry shifts, and economic changes impacting the workforce. Featuring expert interviews, in-depth analysis, and up-to-date data, this podcast is your go-to resource for navigating Atlanta's dynamic employment landscape. Whether you're a job seeker, employer, or career professional, the "Atlanta Job Market Report" equips you with the knowledge you need to succeed. Subscribe now to stay ahead in Atlanta's competitive job market!
For more info go to https://www.quietperiodplease....
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For more info go to https://www.quietperiodplease....
Atlanta Job Market Report
Atlanta Job Market Report
Transcribed
27 SEP 2024 · The job market in Atlanta is characterized by strong growth and a diverse employment landscape. Total employment in the Atlanta Regional area is projected to increase from nearly 738,000 in 2016 to over 855,000 by 2026, with an annual average of about 11,700 new jobs added each year.
As of June 2024, total nonfarm employment in the Atlanta-Sandy Springs-Roswell metropolitan area increased by 37,000 over the year, with a job gain rate of 1.2 percent. Key sectors contributing to this growth include leisure and hospitality, which gained 15,900 jobs, and education and health services, which added 15,100 jobs.
The unemployment rate in Atlanta was 3.4 percent in May 2024, up from 2.8 percent in April, reflecting seasonal changes and an influx of students and recent graduates entering the job market.
Major industries driving the economy include air transportation, food services, educational services, administrative services, professional and technical services, and healthcare. The tech industry, particularly in data analytics, software development, and cybersecurity, is also experiencing significant growth, earning Atlanta the nickname "Silicon Peach".
Healthcare remains a growing sector, with a high demand for experts in biomedical research, telemedicine, and health informatics. The logistics and supply chain industry is expanding due to e-commerce and technical advancements, and the green energy sector is emerging as a key employer.
Recent developments include the expansion of the entertainment sector, especially in cinema and digital media, driven by tax breaks and a growing pool of skilled workers. Technological advancements such as automation and artificial intelligence are creating new job opportunities in robotics, AI, and machine learning.
Seasonal patterns show an increase in workforce participation during the summer months, impacting unemployment rates. The labor force in Atlanta increased by 15,520 in May 2024, with the number of employed individuals up by 63,830 compared to May 2023.
Government initiatives, as highlighted in the 2023 Talent Supply Report by the Metro Atlanta Chamber, focus on developing a skills-based workforce to meet the growing job demand. The report emphasizes the need for coordinated efforts among policymakers, employers, educators, and workers to address labor market challenges.
In terms of commuting trends, while specific data is not provided in the sources, the region's extensive transportation network, including Hartsfield-Jackson Atlanta International Airport, supports a dynamic and connected workforce.
Key findings indicate that Atlanta's job market is robust, with significant growth in technology, healthcare, and logistics. The market is evolving to incorporate more remote work and gig economy opportunities, requiring job seekers to be flexible and continually update their skills.
Current job openings include positions such as data analysts, software developers, and healthcare professionals, reflecting the demand in these growing sectors.
In conclusion, Atlanta's job market is marked by strong growth, diverse industries, and a need for skilled workers to meet the demands of emerging sectors.
Transcribed
24 SEP 2024 · The job market in Atlanta in 2024 is characterized by strong growth and diversification. The city, known for its robust economy, continues to attract professionals from various industries. Total nonfarm employment in the Atlanta-Sandy Springs-Roswell metropolitan area increased by 37,000 over the year in June 2024, with a job gain rate of 1.2 percent, slightly lower than the national rate of 1.6 percent.
Key sectors driving this growth include technology, healthcare, and entertainment. Atlanta has earned the nickname "Silicon Peach" due to the expansion of tech companies and startup activity, with significant growth in data analytics, software development, and cybersecurity. The healthcare sector is also thriving, with gains in biomedical research, telemedicine, and health informatics. The entertainment sector, particularly in cinema and digital media, has seen unparalleled development.
Employment statistics show notable gains in leisure and hospitality, with 15,900 new jobs, and in education and health services, with 15,100 new jobs. However, the information supersector experienced a job loss of 9,000 over the year.
Technological advancements, such as automation and artificial intelligence, are reshaping the job market. These advancements have increased the need for skills in robotics, AI, and machine learning, and have also driven the growth of remote work and the gig economy.
Major industries include logistics, bolstered by Hartsfield-Jackson Atlanta International Airport, and sustainable development, with a growing green energy sector. The tech industry, with over 15,000 companies in Georgia, accounts for around 10% of the state's economy and has seen a 15% growth in tech jobs over the past five to six years.
Recent developments highlight the use of AI and machine learning in recruitment, enhancing the process by matching candidates with employers based on cultural fit and soft skills. The Metro Atlanta Chamber's 2023 Talent Supply Report emphasizes the need for a coordinated effort to develop a skills-based workforce to meet the growing job demand.
There is no recent data on the unemployment rate specifically for Atlanta, but the overall employment trends indicate a strong labor market. Commuting trends are influenced by the city's extensive transportation network, and government initiatives focus on supporting economic growth and workforce development.
In terms of current job openings, positions in software development, data analytics, and healthcare are prevalent. For example, companies are hiring software engineers, data analysts, and healthcare professionals, including nurse practitioners and medical and health services managers.
Key findings include the dynamic growth of the tech and healthcare sectors, the impact of technological advancements on job requirements, and the importance of adapting recruitment strategies to match candidates with the right cultural and skill fit. Atlanta's job market is poised for continued growth, driven by innovation and a diverse economy.
Discover the latest trends and insights in the bustling Atlanta job market with the "Atlanta Job Market Report" podcast. Tune in to stay informed about the newest job opportunities, industry...
show more
Discover the latest trends and insights in the bustling Atlanta job market with the "Atlanta Job Market Report" podcast. Tune in to stay informed about the newest job opportunities, industry shifts, and economic changes impacting the workforce. Featuring expert interviews, in-depth analysis, and up-to-date data, this podcast is your go-to resource for navigating Atlanta's dynamic employment landscape. Whether you're a job seeker, employer, or career professional, the "Atlanta Job Market Report" equips you with the knowledge you need to succeed. Subscribe now to stay ahead in Atlanta's competitive job market!
For more info go to https://www.quietperiodplease....
show less
For more info go to https://www.quietperiodplease....
Information
| Author | QP - Daily |
| Organization | William Corbin |
| Categories | Society & Culture |
| Website | - |
| corboo@mac.com |
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