Economics

I have already reported the decline in employment in the Augusta Metropolitan Statistical Area of just 200 jobs in February. Other labor market economic data is now available from the Bureau of Labor Statistics. The unemployment rate remained unchanged in February at 3.7%, while there was a small increase in the labor force of 277 people. The average weekly earnings declined to $932.59, the lowest since June last year. This represents a decrease of 3.5 percent over the last year at a time when inflation is still running at 3.2%.

Kevin Hyatt is a walking (and stationary) billboard for his Hyatt Agency, LLC firm. You may have noticed his outdoor billboard while shopping at Costco or noticed him networking at area Chambers of Commerce, on “Thirsty Thursdays” at GreenJackets games, and twice a year at Augusta Business Daily conferences and Expos. That’s where he met the mother and son real estate duo, Shawna and Braydon Woodward of ReMax Reinvented. They each had a booth and Kevin approached the Woodwards and started the process at the ballpark. My service philosophy is

Amidst the green jackets this week at Augusta National, business leaders will welcome other business leaders from across the country and around the world via the annual Red Carpet Tour today. It’s an opportunity to see what Georgia and Augusta have to offer in the way of industry and economic development. The invitation-only event is in its 62nd year, hosted by the Georgia Chamber and Georgia Department of Economic Development, and provides an opportunity for guests to be paired with a Georgia business industry leader who will provide insight into

Augusta Metropolitan Statistical Area (MSA) payroll employment slipped by 200 in February from January. The good news was that the Bureau of Labor Statistics revised their jobs numbers for January. Instead of a fall of 200, there was an increase of 200. But changes of 200 represent only a 0.08 percent change in employment. The local MSA has not seen job growth or decline of any significant magnitude over the first two months of the year. By contrast, the state of Georgia has seen a net gain of 3,700 jobs