Alabama Unemployment Rate Drops to New Record Low of 2.8%
A statement released Friday by the state labor agency says the preliminary, seasonally adjusted unemployment rate for October was down two-tenths of a percent from 3% in September.
That’s 1 percentage point better than the jobless rate from a year ago, and it’s well below the national employment rate of 3.6%.
The state has gained about 60,000 jobs this year in the civilian workforce.
Officials say the improvement came as Alabama’s manufacturing plants reached a 10-year high for employment. Manufacturing employment grew to 271,600 jobs, and the professional and business services segment has a record-high 259,700 jobs.
Shelby County in metro Birmingham has the state’s lowest jobless rate at 1.8%. Wilcox County in rural western Alabama is highest at 6.3%.
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