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Economy

November unemployment holds at 2.7 percent, record high jobs count

Total private average weekly wages remained high at $996.83, an increase of $23.96 over last year.

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Governor Kay Ivey on Friday announced that Alabama’s preliminary, seasonally adjusted November unemployment rate is 2.7 percent, unchanged from October, and below November 2021’s rate of 3.1 percent November’s rate represents 63,043 unemployed persons, compared to 61,721 in October and 69,688 in November 2021.

“It is encouraging to see that Alabama’s economy is supporting more jobs today than ever in our 203 year history,” said Governor Kay Ivey. “While we continue maintaining a low unemployment rate, the fact that our businesses are growing jobs is certainly something to be grateful for this holiday season. We will continue working hard to support Alabamians as we weather a challenging national climate.”

Wage and salary employment, or the number of jobs our economy is supporting, marked a new record high in November, totaling 2,119,800. Over the year, wage and salary employment increased 51,300, with gains in the education and health services sector (+14,000), the professional and business services sector (+13,900) and the trade, transportation and utilities sector (+5,700), among others.

Over the month, wage and salary employment increased in November by 9,600. Monthly gains were seen in the trade, transportation and utilities sector (+8,100), the government sector (+1,600) and the professional and business services sector (+1,100), among others.

“We continue to be encouraged by the job growth in Alabama,” said Labor Secretary Fitzgerald Washington. “Many of our industries are seeing record high employment, and wages are maintaining strong year over year growth as well.”

Going hand in hand with the record high jobs count, several industries are also seeing record high levels of employment, including the education and health services sector (254,400), the professional and business services sector (265,600) and the trade, transportation and utilities sector (409,200).

Total private average weekly wages remained high at $996.83, an increase of $23.96 over last year.

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Counties with the lowest unemployment rates are: Shelby County at 1.7 percent, Marshall and Cullman Counties at 1.8 percent and Morgan and Clay Counties at 1.9 percent. Counties with the highest unemployment rates are: Wilcox County at 8.4 percent, Perry County at 5.4 percent and Dallas County at 5.2 percent

Major cities with the lowest unemployment rates are: Homewood and Trussville at 1.5 percent, Vestavia Hills and Madison at 1.6 percent and Alabaster and Hoover at 1.7 percent.  Major cities with the highest unemployment rates are: Selma at 6.2 percent, Prichard at 5.7 percent and Bessemer at 3.8 percent.

The Alabama Political Reporter is a daily political news site devoted to Alabama politics. We provide accurate, reliable coverage of policy, elections and government.

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