Four Alabama metros among tops in nation for low unemployment rates in May

(The Center Square) – According to federal data released Friday, four Alabama metropolitan areas had some of the lowest unemployment rates for May.

The Birmingham-Hoover metro area had the nation’s lowest unemployment rate (2%) for an area with a population of 1 million or more, according to data from the U.S. Bureau of Labor Statistics.

Three other metros – Decatur, Huntsville and Daphne-Fairhope-Foley – were in the top 10. Decatur (fifth) and Huntsville (eighth) are located in north Alabama and both posted May unemployment rates of 1.7% and 1.8% respectively. The Eastern Shore of Mobile Bay (10th) had a rate of 1.9%.

Alabama’s overall unemployment rate in May was 2.2%, while the seasonally-adjusted labor force participation rate was 56.9%.

Other metro areas in Alabama included Auburn-Opelika at 2% unemployment in May along with Dothan and Tuscaloosa, each at 2.2%. Florence-Muscle Shoals and Montgomery were both 2.3%, Anniston-Oxford-Jacksonville and Gadsden had rates of 2.4% and Mobile 2.5%

- Advertisement -

“It is no surprise that Alabama continues to experience unemployment rates below much of the rest of the nation,” Gov. Kay Ivey said in a news release. “Our laser focus on growing Alabama’s economy, combined with our world-class employers and a dedicated workforce, is making a positive difference. Our pursuit of investments of future industries will create even more high-paying jobs.”

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Ranchers decry beef imports from Argentina, expert says good start

Consumers feeling the pang of high beef prices at...

Profit Over Patients: Are Private Equity Firms Ruining Healthcare?

America’s healthcare system is increasingly being shaped by private...

Everyday Economics: Rate cut debate: Reading mixed signals in a fragile economy

The Federal Reserve cut interest rates last week, but...

Louisiana urged tariff exemptions for Hyundai, chemical plants

(The Center Square) — President Trump’s expansion of tariffs...

The Gap In Mental Health Education That Could Save Lives

Public awareness of mental illness may be growing, but...

Trump responds to Cruz, others’ call to help Nigerian Christians

(The Center Square) – President Donald Trump has responded...

Arizona looks to legal immigration with Trump’s border security

As President Trump approaches the one year mark in...

More like this
Related

Ranchers decry beef imports from Argentina, expert says good start

Consumers feeling the pang of high beef prices at...

Profit Over Patients: Are Private Equity Firms Ruining Healthcare?

America’s healthcare system is increasingly being shaped by private...

Everyday Economics: Rate cut debate: Reading mixed signals in a fragile economy

The Federal Reserve cut interest rates last week, but...

Louisiana urged tariff exemptions for Hyundai, chemical plants

(The Center Square) — President Trump’s expansion of tariffs...