New record low for AL unemployment rate in November

New record low for AL unemployment rate in November

MONTGOMERY, AL (WAFF) - Governor Kay Ivey announced on Friday that Alabama's preliminary, seasonally adjusted November unemployment rate set a new record low of 3.5%, down from October's previous record-setting rate of 3.6%, and well below November 2016's rate of 6.2%.

"It was just last month when we reached the extraordinary milestone of breaking all previous unemployment rate records, but now just a month later the trend continues and we have once again broken those records. We have 30,500 more jobs now than we did last year, over 40,000 more people are working, and the number of unemployed has dropped by over 60,000 from last year -  the fewest number of people counted as unemployed in Alabama history," said Governor Ivey.

November's rate represents 75,807 unemployed persons, also a new record low, compared to 77,231 in October and 136,135 in November 2016. More people were counted as employed in November, with 2,087,667 people working, up from 2,079,720 in October, and 40,152 more than in November 2016, when 2,047,515 were counted as employed.

"All 67 counties experienced significant drops in their unemployment rates over the year," said Fitzgerald Washington, Secretary of the Alabama Department of Labor. "Wilcox County, which traditionally has the highest unemployment rate in the state, has seen its rate drop by 5.7 percentage points since last year.  2017 marks the first time in a decade that all counties' unemployment rates have been in the single digits."

Counties with the lowest unemployment rates are: Shelby County at 2.6%, Marshall and Cullman Counties at 3.0%, and Madison, Lee, and Elmore Counties at 3.1%.  Counties with the highest unemployment rates are: Wilcox County at 9.3%, Clarke County at 6.7%, and Lowndes County at 6.4%.

Major cities with the lowest unemployment rates are: Vestavia Hills at 2.4%, Homewood at 2.5%, and Alabaster and Hoover at 2.6%.  Major cities with the highest unemployment rates are: Selma at 6.6%, Prichard at 6.5%, and Anniston and Bessemer at 4.9%.

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