Alabama’s unemployment rate at a record low 2.6%

Alabama’s unemployment rate at a record low 2.6%

By TODD STACY, Alabama Daily News

MONTGOMERY, Ala. – Alabama has set another record for low unemployment.

Gov. Kay Ivey on Friday announced that the unemployment rate for June was 2.6%, down from 2.7% in May and from 3.5% in June 2021.

“The good news continues to roll in as we reach another unemployment milestone of 2.6%,” Ivey said in a news release.“For the third consecutive month, Alabama has set a record-low unemployment rate. Alabama is working like never before, and the future continues to look brighter for our state and her people.”

The unemployment rate measures the number of Alabamians who are actively seeking work. The seasonally-adjusted June rate represents 60,338 unemployed people, a new record, compared to 61,585 in May and 79,439 in June 2021.

The number of people counted as employed rose to 2,228,231 in June, a new record high.  This is up 5,306 from May and 59,902 from June 2021.

Over the year, wage and salary employment increased 41,200, with gains in the trade, transportation and utilities sector (+7,200), the construction sector (+7,000) and the manufacturing sector (+6,700), among others. The total count of wage and salary employment is 2,085,200, the fourth highest on record.Wage and salary employment is up in June by 5,700. Monthly gains were seen in the education and health services sector (+3,700), the leisure and hospitality sector (+2,800) and the manufacturing sector (+1,700), among others.

Counties with the lowest unemployment rates are: Shelby County at 2.3%, Marshall and Cullman Counties at 2.6%, and Morgan, Madison, Limestone, and Elmore Counties at 2.7%.

Counties with the highest unemployment rates are: Wilcox County at 10.1%, Perry County at 8.3%, and Lowndes County at 7.5%.