Alabama’s labor force participation rate remained unchanged in July at 57%, according to Alabama Department of Labor Secretary Fitzgerald Washington on Friday.
The labor force participation rate is also unchanged year-over-year from July 2022.
The “prime-age” participation rate, which measures the labor force participation for individuals aged 25-54 is currently 77.8% in Alabama, according to the Department of Labor.
Washington also said Alabama’s preliminary, seasonally adjusted July unemployment rate dropped to a new record low of 2.1%. July’s rate is below June 2023’s rate of 2.2% and well below July 2022’s rate of 2.6%. The rate represents 48,834 unemployed persons, a new record low, compared to 50,377 in June and 59,409 in July.
The number of people counted as employed increased by 28,382 year-over-year to a new record high of 2,258,166. The civilian labor force also reached a new record high of 2,307,000, with 17,807 more people joining the labor force year-over-year.
Counties with the lowest unemployment rates are Shelby County at 1.7%, Morgan County at 1.8%, and Madison, Limestone, and Cullman Counties at 1.9%. Counties with the highest unemployment rates are Wilcox County at 6.7%, Dallas County at 5.5% and Perry County at 5.4%.
Major cities with the lowest unemployment rates are Trussville and Vestavia Hills at 1.5%, Homewood and Madison at 1.6%, and Alabaster and Hoover at 1.7%. Major cities with the highest unemployment rates are Selma at 6.4%, Prichard at 4.6% and Bessemer at 3.5%.
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