Alabama hits new record low unemployment rate for 2nd consecutive month
MONTGOMERY, Ala. (WAFF) - Governor Kay Ivey announced on Friday that Alabama’s unemployment rate dropped to 2.7% in May. This is another new record low following April’s rate of 2.8%.
“Once more, we are seeing the resiliency of Alabama’s workforce,” said Governor Ivey. “Yet again, we’re breaking records that were set only a month ago. We’re nearly a full percentage point below the nation’s unemployment rate, we’ve been consistently ranked as having the lowest unemployment rate in the southeast, and our wages are growing at a remarkable pace.”
The unemployment rate was 3.6%. one year ago.
In March, Alabama’s unemployment rate was 2.9%, representing 65,441 people. The recent rate represents 61,621 unemployed people in the state.
Counties with the lowest unemployment rates:
- Shelby County at 1.6%
- Marshall County at 1.8%
- Cullman County at 1.9%
- Morgan County at 1.9%
- Limestone County at 1.9%
- Elmore County at 1.9%
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