For the sixth consecutive month, the Alabama Department of Labor has reported a decrease in unemployment across the state.
For August, the seasonally-adjusted unemployment rate dropped to 2.9, the lowest mark since June 2024. Here are some of the numbers from this month’s report:
- AL seasonally-adjusted unemployment rate: 2.9
- AL total unemployment: 68,191
- AL labor force participation rate: 57.7
- US seasonally-adjusted unemployment rate: 4.3
- US labor force participation rate: 62.3
Despite the positive unemployment numbers reported, the state’s labor force participation rate continues to fall and remains well below the…..