- 279,108 employers
- 4.43 million employees
- $1,030 average weekly wage
- The average weekly wage is 6.4% below the national average
- The cost of living is 8.8% below the national average
Types of Employers (Private Sector vs. Government Agency)
As an employer in Georgia, you are most likely to be running a private company rather than a government agency. 97.1% of employers run private companies in the state, equal to the national average. The remaining 2.9% of employers are government agencies: 0.6% of employers are federal agencies, 1.0% are state agencies and 1.4% are local government agencies. The chart below illustrates this breakout.
85.3% of employees work for a private company. This is slightly higher than the national average of 85.2%. Local government agencies employ 9.2% of the workers in the state, state government agencies employ 3.3% of the workers and the federal government employs 2.3%. The percentage of employees working for a government agency (14.7%) is equal to the national average.
The average pay in the state is $1,030, which is 6.4% lower than the national average of $1,101. Georgia workers that are employed by private businesses earn $1,043 per week, 5.2% lower than the national average for private company employees. Employees of federal government agencies in Georgia earn $1,515 per week, a premium of 45.3% compared to what employees of private companies earn. The chart below illustrates the average weekly by type of employer.
Leading Sectors & Industries
The sector with the greatest number of businesses in the state is Professional services with 13.5% of the businesses in the state. Retail trade (11.9%) and Healthcare (9.5%) round out the top 3 sectors. The sector that employs the greatest number of workers is Retail trade which employs 13.1% of all workers, followed by Healthcare and Accommodation and food services which account for 12.9% and 11.5% of private company employees. The table below illustrates the number of businesses by sector:
|Professional and technical services||36,471||13.5%|
|Health care and social assistance||25,601||9.5%|
|Accommodation and food services||20,628||7.6%|
|Other services, except public administration||17,996||6.6%|
|Administrative and waste services||16,619||6.1%|
|Finance and insurance||14,547||5.4%|
|Real estate and rental and leasing||11,616||4.3%|
|Transportation and warehousing||7,131||2.6%|
|Arts, entertainment, and recreation||3,586||1.3%|
|Agriculture, forestry, fishing and hunting||2,398||0.9%|
|Management of companies and enterprises||1,513||0.6%|
|Mining, quarrying, and oil and gas extraction||229||0.1%|
The table below lists the sectors with the greatest number of employees:
|Health care and social assistance||487,425||12.9%|
|Accommodation and food services||433,876||11.5%|
|Administrative and waste services||338,257||9.0%|
|Professional and technical services||275,876||7.3%|
|Transportation and warehousing||206,677||5.5%|
|Finance and insurance||168,906||4.5%|
|Other services, except public administration||108,553||2.9%|
|Management of companies and enterprises||73,423||1.9%|
|Real estate and rental and leasing||68,902||1.8%|
|Arts, entertainment, and recreation||53,690||1.4%|
|Agriculture, forestry, fishing and hunting||24,183||0.6%|
|Mining, quarrying, and oil and gas extraction||5,224||0.1%|
The table below is ordered by the average weekly wage for each sector:
|Management of companies and enterprises||$2,284|
|Finance and insurance||$1,813|
|Professional and technical services||$1,677|
|Mining, quarrying, and oil and gas extraction||$1,345|
|Real estate and rental and leasing||$1,172|
|Transportation and warehousing||$1,152|
|Health care and social assistance||$1,000|
|Administrative and waste services||$755|
|Other services, except public administration||$700|
|Agriculture, forestry, fishing and hunting||$692|
|Arts, entertainment, and recreation||$674|
|Accommodation and food services||$362|
Each broad sector is made up of specific industries. In Georgia the industry with the most businesses is Restaurants and other eating places (with 16,988 businesses employing 362,693 workers). The next industry is Wholesale trade agents and brokers. Here are the industries with the most businesses in the state:
|Detailed Industry||# Biz||Emp/Biz|
|Restaurants and other eating places||16,998||21.3|
|Wholesale trade agents and brokers||10,026||3.6|
|Computer systems design and related services||8,932||8.0|
|Offices of physicians||7,115||12.7|
|Management consulting services||6,546||6.2|
Restaurants and other eating places is the industry that employs the most workers, employing a total of 362,693 people in 16,998 businesses. On average, these employees are paid $334, 67.6% less than the state average. There are 21.3 employees on average in each of these businesses. The next largest employing industry is General medical and surgical hospitals.
|Detailed Industry||# Emp||Emp/Biz|
|Restaurants and other eating places||362,693||21.3|
|General medical and surgical hospitals||147,127||467.1|
|Temporary help services||125,162||48.8|
|Offices of physicians||90,566||12.7|
|Supermarkets and other grocery stores||79,929||50.8|
|General merchandise stores, including warehouse clubs and supercenters||75,456||34.9|
The industry that pays the most (on an average weekly basis) is Investment banking and securities dealing. There are 2,757 employees working in 196 businesses. The next best paying industries are Other financial vehicles and All other financial investment activities.
|Detailed Industry||Wkly Wage|
|Investment banking and securities dealing||$5,368|
|Other financial vehicles||$3,742|
|All other financial investment activities||$3,601|
The solopreneur company, has the most businesses in Georgia by far. 63.3% of all businesses in the state have fewer than 5 employees. The 259,747 small businesses in the state represent 97.8% of all private businesses. The national average is 97.4%. (Small businesses have fewer than 50 employees.) The pie chart below illustrates the ratio of business sizes.
The largest companies in the state represent 10.4% of all employees, which is 0.6% lower than the national average of 11.0%. Smallest companies also employ a lower percentage of the states workforce than the largest companies. The solopreneur (those that employ fewer than 5) companies employ 6.5% of all workers, which is 0.7% lower than the national average of 7.3%. All small companies, those employing fewer than 50 people, represent 41.9% of the labor force in the state, 1.7% less than the national average of 43.6%.
The smallest companies in Georgia (those with fewer than 5 employees) pay workers 11.2% more than the national average ($1,098 per week as compared to the national average of $975 per week. The largest companies in Georgia (those with more than 1,000 employees) pay 6.0% workers below the national average ($1,775 per week as compared to the national average of $1,882 per week.
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.