Alabama hits new unemployment low – WVUA 23

Alabama’s unemployment price for Could hit a brand new file low, the state introduced Friday.

The seasonally adjusted price in Could was 2.7%, down from April’s 2.8% and Could 2021’s price of three.6%.

“As soon as extra, we’re seeing the resiliency of Alabama’s workforce,” stated Alabama Gov. Kay Ivey in a press release. “But once more, we’re breaking data that have been set solely a month in the past. We’re almost a full proportion level under the nation’s unemployment price.”

Could’s price represents 61,621 unemployed individuals, a brand new file low, in comparison with 63,184 in April and 80,191 in Could 2021. Moreover, the variety of individuals counted as employed grew to 2,222,977 in Could, a brand new file excessive.  This represents a rise from 2,213,187 in April, and a rise from 2,169,710 in Could 2021.

Alabama’s common weekly earnings grew to a brand new file excessive of $1,004.65 in Could, up from $995.44 in April, and $978.06 in Could 2021. For a 40-hour week, that represents a mean hourly pay of $25.11.

“The entire parts wanted for constructive financial progress proceed to enhance and are persistently breaking data,” stated Alabama Division of Labor Secretary Fitzgerald Washington. “Extra individuals have joined the labor power than at some other time this yr, displaying that individuals trust of their capability to discover a job.”

Counties with the bottom unemployment charges are:

• Shelby County at 1.6%
• Marshall County at 1.8%
• Morgan, Limestone, Elmore and Cullman Counties tied at 1.9%

Counties with the very best unemployment charges are:

• Wilcox County at 8.5%
• Lowndes and Perry Counties at 5.9%
• Dallas County at 5.4%

Main cities with the bottom unemployment charges are:

• Alabaster at 1.4%
• Homewood and Trussville at 1.5%
• Hoover and Madison at 1.6%

Main cities with the very best unemployment charges are:

• Selma at 7%
• Prichard at 5.4%
• Gadsden at 3.8%