MONTGOMERY – Governor Robert Bentley on Tuesday announced that Alabama’s preliminary, seasonally adjusted January unemployment rate is 6.0%, down from December 2014’s revised rate of 6.1%, and below January 2014’s rate of 7.2%.*
“January’s rate marks 14 months with no increase in our unemployment rate,” Governor Robert Bentley said. “For the past two months, more than two million people are working in this state, which hasn’t happened since November 2008. We continue to remain hopeful that our economy is turning around and Alabamians are gaining employment.”
The number of people reported as employed by the Current Population Survey (CPS) in January is 2,006,903, and 2,001,069 in December 2014. The last time this number was equal to or higher was November 2008, when the number of people reported working was 2,007,253.
“Our economy is supporting the largest number of jobs since 2008,” Alabama Labor Commissioner
said. “The annual increase in jobs, year over year, is the second highest we’ve experienced in the past decade. That’s certainly great news and shows that Alabama’s employers are continuing to hire.”
According to the establishment survey, over the year, wage and salary employment increased by 37,400, with gains in the professional and business services sector (+9,700), the leisure and hospitality sector (+6,900), and the trade, transportation, and utilities sector (+6,600), among others. Monthly gains were seen in the information sector, the financial activities sector, and the “other services” sector.
The only time the year over year growth was higher was January 2006, when growth was 45,100.
JobLink, the state’s online free jobs database (www.joblink.alabama.gov), registered 19,777 active job orders in January.
Sixty six of 67 counties experienced drops in their unemployment rates over the year. Only Colbert County saw an increase of 0.2 percentage points. Wilcox County saw a yearly drop of 5.4 percentage points.
Counties with the lowest unemployment rates are: Shelby County at 4.2%, Lee County at 5.2%, and Elmore, Tuscaloosa, and St. Clair Counties at 5.3%.
Unemployment Rate by County, January 2015
MEDIA RELEASE/THE OFFICE OF ALABAMA GOVERNOR ROBERT BENTLEY