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State unemployment rate dropped to 5.8 percent last month

Alabama’s unemployment rate decreased from 6.7 in September to 5.8 percent in October.

(STOCK PHOTO)

Alabama’s unemployment rate decreased from 6.7 in September to 5.8 percent in October, according to the Alabama Department of Labor. October’s seasonally adjusted rate represents 130,329 unemployed persons, down from 153,338 in September. That compares to 61,210 in October 2019.

“We’re glad to see a drop of almost an entire percentage point in our unemployment rate this month,” said ADOL Secretary Fitzgerald Washington. “We will continue to see fluctuations in these economic indicators as pandemic concerns remain, but this month showed growth in both the number of jobs we are supporting and the number of people who are working.”

The number of people counted as employed in October was 2,121,505, up from 2,119,297 in September, but down from the 2,186,771 measured in October 2019.

There were 9,262 new unemployment claims filed in Alabama last week, up from 8,764 the previous week, according to the Alabama Department of Labor. 

Of the claims filed between Nov. 8 and Nov. 14, there were 3,001, or 32 percent, that were related to COVID-19, down from 38 percent the previous week.

Micah Danney
Written By

Micah Danney is a reporter at the Alabama Political Reporter. You can email him at [email protected] or reach him via Twitter.

DIG DEEPER

Economy

76 percent of the claims were estimated to be related to COVID-19, the Labor Department said.

Economy

The seasonally adjusted rate was 4 percent last month and is expected to continue to drop, ADOL said.

Economy

The percentage of new claims estimated to be due to the pandemic was 73 percent.

State

ADOL will begin processing American Rescue Plan extensions, including the additional $300 weekly payment.