“Alabama has been on a roll as our folks have been eager to get to work, and the fact that we have once again hit our record low unemployment rate is proof positive of that,” said Governor Ivey.
MONTGOMERY, Ala. - Governor Kay Ivey announced Friday that Alabama’s unemployment rate has reached a new record low.
According to the Governor’s statement, the state’s preliminary, seasonally adjusted rate for March fell to 2.9%. February’s rate came in at 3.0%. The rate has fallen almost a full percentage point from the March 2021 rate of 3.7%. “We are not relenting our efforts, and I am confident Alabama will continue powering in the right direction because of our hardworking men and women. Truly, the best is yet to come.
The March rate represents 65,485 unemployed persons, the lowest ever on record. In March 2021, 82,443 people were considered unemployed in the rate calculation. “At no point in Alabama’s history have we recorded fewer people as unemployed,” said Alabama Department of Labor Secretary Fitzgerald Washington.
“Alabamians are working, businesses are hiring, and we are getting back to normal with every passing month.”
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Alabama’s unemployment rate reaches record lowThe 2.9% rate ties a number only reached previously in September 2019
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Alabama’s unemployment rate reaches record lowThe 2.9% rate ties a number only reached previously in September 2019
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Alabama’s unemployment rate ties all-time lowGov. Kay Ivey hailed the news as “proof positive” that Alabamians are “eager to get to work.”
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US jobless claims rise but remain near a half-century lowThe number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs.
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