MONTGOMERY, Alabama – Alabama’s unemployment rate dropped to 6 percent in November, its lowest point since 2008, as job growth in sectors such as manufacturing and construction continues at a strong pace.
“Alabama’s unemployment rate has not only continued its downward trend, but has reached a level we have not seen in more than six years,” Governor Robert Bentley said. “Additionally, we continue to see strong growth in wage and salary employment, which is also at its highest point in nearly six years.
“This is a testament to the economic progress we have made in Alabama, and our efforts will continue until every Alabamian who wants a job has the opportunity to acquire one.”
November’s report, released today, builds on the momentum outlined in Alabama’s October labor report. November’s unemployment rate declined from 6.3 percent in October. Alabama’s jobless rate has not been this low since October 2008, when it was 5.9 percent.
Over the year, employment in Alabama rose by 33,770, with large gains in construction (4,700 jobs), manufacturing (7,400 jobs), leisure and hospitality (8,900 jobs), and professional and business services (11,100 jobs). In percentage terms, jobs expanded at a rate of 1.75 percent, the fastest pace since June 2006.
Employment stood at 1,954,400 in November, the highest mark since December 2008.