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Career Exploration
HWOL The Help Wanted Online Data Series™ fills a critical gap in the current
U.S. economic indicators by providing timely monthly measures of labor demand (advertised vacancies) at the national, regional, State and metropolitan area levels.
These monthly measures are comparable in timing and geographic detail to the Bureau of Labor Statistics (BLS) monthly measures of labor supply (unemployment).
The Catalogue of Workforce Information Sources, formerly the Environmental Scan,
has been finalized by the Employment and Training Administration. You can
find it here.
Click here
for information about job terminations in Alabama.
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Seasonally Adjusted
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May 2024
Preliminary
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April 2024
Revised
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Alabama:
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United States:
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Alabama’s labor force participation rate for May held steady at 57.5%. The percentage of prime-age workers increased by one-tenth of a percentage point to 79.2% over the month. Over the year, this number increased by one and six-tenths percentage points from 77.6%. Prime-age workers are those aged 25-54 years.
Alabama’s preliminary, seasonally adjusted unemployment rate is 3.0%, down slightly from April 2023’s revised rate of 3.1%. The May rate is higher than May 2023’s rate of 2.3%. The rate represents 70,679 unemployed persons, compared to 72,045 in April and 52,341 in May 2023.
The number of people counted as employed increased by 19,648 over the year to 2,266,164, a new record high. The civilian labor force also increased to 2,336,843, with 37,986 more people joining over the year. This is also a new record high.
Over the year, wage and salary employment increased by 49,200 to 2,208,400, a new record high, with gains in the private education and health sector (+11,500), the government sector (+9,200), and the manufacturing sector (+8,600), among others.
Counties with the lowest unemployment rates are: Shelby County at 1.8%, Morgan County at 1.9%, and Cullman, Elmore, Limestone, Madison, and Marshall Counties at 2.0%. Counties with the highest unemployment rates are: Wilcox County at 6.8%, Perry County at 4.5%, and Dallas County at 4.4%.
Major cities with the lowest unemployment rates are: Trussville at 1.6%, Homewood and Vestavia Hills at 1.7%, and Alabaster, Hoover, and Madison at 1.8%. Major cities with the highest unemployment rates are: Selma at 5.3%, Prichard at 4.3%, and Bessemer at 3.4%.
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