unemployment rate

U.S. Economy Adds 2.5 Million Jobs in May; Unemployment Rate Falls to 13.3%

The U.S. unemployment rate fell to 13.3% in May, and 2.5 million jobs were added – a surprisingly positive reading in the midst of a recession that has paralyzed the economy and depressed the job market in the wake of the viral pandemic. The May job gain suggests that businesses have quickly been recalling workers as states have reopened their…

Alabama’s March Unemployment Rate Hits 3.5%

Unemployment Rate by County/Source: ADOL Alabama’s unemployment rate is now at 3.5%, that’s up from 2.7% in February. The Alabama Department of Labor says March’s rate represents just over 2.1 million employed persons in the state, which is down over 24,216 over the year. Sectors that saw monthly losses were seen in the education and health services, professional and business…

Record 16.8 Million in U.S. Have Filed for Unemployment Since Virus Began

With 6.6 million people seeking unemployment benefits last week, more than one in 10 U.S. workers have lost their jobs in just the past three weeks due to the coronavirus outbreak. The numbers show that this is the largest and fastest string of job losses in records dating to 1948. By contrast, during the Great Recession it took about 10…

Alabama Unemployment Rate Drops to New Record Low of 2.8%

Alabama’s unemployment rate has dropped to a record 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%….

Eight Counties with State’s Highest Unemployment All Located in West Alabama

From the West Alabama Newsroom: Black Belt counties in west Alabama consistently have the highest unemployment numbers in the state.  There’s a need for jobs to bring those numbers in line with the state average. “It’s not much work here. I haven’t seen many jobs in this area. They need jobs here,” said Tragus Palmer. Jobs — jobs — jobs….

Alabama Unemployment Rises Slightly

Alabama’s unemployment rate is up slightly despite what officials are calling record employment in the state. The preliminary, seasonally adjusted jobless rate for April is 3.8%. That’s up one-tenth of a percent from March, but it’s still below the rate from a year before of 4.1%. The April rate represents 83,565 unemployed people in the state. But a news release…

Graduating Students Preparing For Real World

Graduations are happening across the state. Thousands are getting ready to walk across the stage to get their degree. “I’m pretty excited,” graduating Troy University student Matthew Anderson said. “I’m ready for it to come,” Troy University senior Margaret Wright told us. For some graduates, it can be stressful. Some are finding it hard to land jobs in their career…

Alabama’s Unemployment Rate Drops Slightly in November

Alabama’s unemployment rate dipped slightly last month. State officials said Friday the jobless rate was 4 percent of the workforce in November. That’s down from 4.1 percent in October. The national jobless rate in November was 3.7 percent. The November 2017 rate in Alabama was 3.8 percent. State officials say the jobless rate last month represented about 87,800 unemployed persons….

Alabama Unemployment Stays Above National Average

National rate is 3.7. Alabama rate is 4.1%

“The preliminary, seasonally adjusted October unemployment rate is 4.1%, unchanged from September’s rate, and above October 2017’s rate of 3.8%.” The Alabama Department of Labor reports no change in the unemployment rate in October. It remains above the national average at 4.1% Selma has one of the highest rates for cities—7.2%.   Categories: Montgomery, News, Statewide, West Alabama Tags: Alabama,…

State Unemployment Rate Up from Last Month

Alabama’s unemployment rate is up slightly from a month ago. The state says the May jobless rate was 3.9 percent, up one-tenth of a percent from a month earlier. That rate is far below the rate of 4.6 percent from a year earlier, but it’s one-tenth of a percent higher than the national unemployment rate. Despite the increase, the state…