The Georgia Department of Labor announced today that Georgia jobs surpassed 5 million, reaching 5,002,400 in May. The state’s labor force also reached an all-time high of 5,470,704, while total employment set a new record at 5,283,862. The May unemployment rate fell to 3.4%, down from Georgia’s revised April rate of 3.5% and 0.9 percentage points below the national unemployment rate. One year ago, the state’s unemployment rate was 3.3%.

“Five million jobs, an all-time high labor force, and record employment in a single month: This is what a modern, adaptable economy looks like when it works for all Georgians,” said Georgia Labor Commissioner Bárbara Rivera Holmes. “We are the Top State for Business and a Top State for Talent because we put people first and opportunity within reach, and that is exactly why more Georgians are working, more people are in the labor force, and more opportunity is being created in every corner of our state. Onward, Georgia. Pa'lante.”

In May, Georgia’s labor force increased by 9,275 to 5,470,704, an all-time high, and rose by 63,040 over the past year.

Employment rose by 12,739 to a record-breaking 5,283,862 and was up 56,220 over the past year.

Unemployment declined by 3,464 to 186,842 and was up 6,820 over the past 12 months.

In May, jobs were up by 6,900 over the month to 5,002,400, an all-time high and were up 8,600 over the year. Georgia jobs have now grown for three consecutive months.

Jobs were down over the year in federal government, 11,200; professional and technical services, 8,700; construction, 4,300; retail trade, 3,300; and non-durable goods manufacturing, 2,900.

Initial claims fell 1,948 over the month to 16,388 in May and were down 2,747 over the year.