Dr. Simon Medcalfe, AU Economics Professor
Last week I described the weak labor market in Augusta over the last year. The Labor Market Index, a composite index of five labor market indicators (employment, unemployment rate, average weekly earnings, labor force, and hours worked), increased just 1.4% over the last year. Compared to other Metropolitan Statistical Areas in Georgia only Columbus and Hinesville have performed worse. The most robust labor market can b...
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