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Savannah Area Chamber of Commerce
2022 Economic Trends
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Demographics: Employment (By Place of Residence)
More than 275,000 qualified, talented workers contribute to Savannah's seven-county combined metropolitan statistical area
enabling employers with access to a diverse labor force. The area's universities, technical colleges and Workforce Investment
Board programs offer Savannah-area employers and students an excellent selection of educational and training resources to
meet their current and future needs. Additionally, students at universities and technical colleges may qualify to finance their
education with Georgia's HOPE Scholarship and HOPE grant.
Employment in the last few years in the Savannah MSA and CSA reflects a healthy, moderately growing economy. The CSA
labor force employment increased by 29,182 workers (annualized, based on YTD through October). From 2020 to 2021, the
Savannah MSA experienced an increase of 24,644 employees, a 14.5% gain.
The Savannah MSA unemployment rate decreased from 7.5% in 2020 to an annualized rate of 3.7% (in data available through
October 2021). This decrease is attributed to the reopening of the economy.
Source: Department of Labor, Bureau of Labor Statistics, "Local Area Unemployment Statistics" and
GSU Department of Economics. *2021 is annualized average of seasonally adjusted data through October.
Source: U.S. Department of Labor, Bureau of Labor Statistics, "Local Area Unemployment Statistics" and
GSU Department of Economics. *2021 is annualized average of seasonally adjusted data through October.
