Alabama’s unemployment rate holds steady

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Alabama’s unemployment rate holds steady
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Alabama’s preliminary, seasonally adjusted January unemployment rate stood at 2.6%, unchanged from December 2022′s revised rate, and also unchanged from January 2022′s rate, according to an announcement today from Gov. Kay Ivey’s office.

January’s rate represents 58,411 unemployed persons compared to 59,986 in December and 60,270 in January 2022, according to the governor’s office.

The release touted that, over the year, wage and salary employment increased 54,100, with gains in the manufacturing sector , the professional and business services sector and the private education and health services sector . Total private wages increased by $30.12 weekly over the year to $1,008.61 in January, marking the third highest weekly wages in history, according to the governor’s office.

Across the state, counties with the lowest unemployment rates were Shelby County at 1.8%, Morgan County at 2.0%, and Marshall, Madison, Limestone and Cullman Counties at 2.1%.

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