unemployment rate

Hiring Likely Weakened in December Amid Resurgent Virus

WASHINGTON (AP) – America’s employers likely cut back again on hiring last month – and might even have shed jobs – with the economy under pressure from a resurgent virus that has led many consumers to reduce spending and states and cities to reimpose business restrictions. Economists have forecast that employers added just 105,000 jobs in December. That would mark…

Alabama Unemployment Rate Drops to 4.4%

The Alabama Department of Labor has announced that November’s preliminary, seasonally adjusted unemployment rate is 4.4%, down from October’s revised rate of 5.7%. The rate does remain above November 2019’s rate of 2.7%. November’s rate represents 100,537 unemployed people, compared to 127,425. “As we are nearing the end of a definitively turbulent year, it’s truly great news to see our…

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….