Troubled State Employment

For the state of Georgia, there seems to be some trouble when it comes to employment growth. For this year of 2012, there will not be any growth when it comes to state employment. Those who are trying to be optimistic are having troubles doing so, as there is not expected to be much growth for the following year, in 2013. In fact, for 2013, it is expected that the state of Georgia will only see state employment growth of about 0.8 percent. The information was released by the Georgia State University and its Economic Forecasting Center, which makes predictions for employment growth.

While there have been some areas in the state that seem to have rebounded, there are still a lot of problems within many of the different sectors in Georgia, which continues to cause turmoil for the economy. The economy in Georgia is still suffering, even though the recession ended in 2009. It has been hard for many states, including Georgia, to grow and expand again, especially because the recession left the United States economy so crippled.

In Georgia, there were some gains in certain sectors, which included health care, manufacturing, and professional business services. However, the gains were not enough to help the state overcome its many losses within several sectors, including the local government, banking, and construction sectors.

The director of the Economic Forecasting Center, Rajeev Dhawan, says that in Georgia, the growth is primarily within the manufacturing sectors, along with technology. He also believes that some of the older staples are actually causing growth to slow down and come to halt.

In fact, throughout last year, the health care state employment managed to grow but it did not grow nearly as much as it should have. It is expected that this is partly due to such a weak economy, with a weakened recovery that is taking longer than most people anticipated in the first place. Dhawan believes that the health care sector will not contribute to the state employment growth within the next few years.

The fact is that the economy in Georgia simply is not doing as well as it should be, for a number of different reasons. For starters, the increasingly high gas prices are causing far less people to travel to the state, which ends up costing the hospitality and leisure sector, leading to job cuts and losses instead of the gains that the state needs at a time like this. Small businesses in the state struggle because there is not much bank lending available, especially as many different banks failed within the past year. Without loans, those who are looking to start a business are unable to get the help and assistance they need.