1/29/2018 Group Watch: AL Hits Record Low Unemployment
State officials recently announced that more people were working in Alabama in December than at any time on record. The state’s jobless rate was around 3.5 percent in December for the second straight month. The state added about 5,500 jobs from November to December to hit a new employment high: 2,093,063. The state reports that 20,000 people dropped out of the workforce during 2017. Experts say part of this is due to Alabama having many older workers, many of whom are now retiring since the stock market is soaring.
