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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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July 2024
Preliminary
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June 2024
Revised
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Alabama:
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United States:
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Alabama’s labor force participation rate for July held steady at 57.5%. The percentage of prime-age workers increased by one-tenth of a percentage point to 79.3% over the month. Over the year, this number increased by one and a half percentage points from 77.8%. Prime-age workers are those aged 25-54 years.
Alabama’s preliminary, seasonally adjusted unemployment rate is 2.8%, down from June 2024’s rate of 2.9%. July’s rate is higher than July 2023’s rate of 2.4%. The rate represents 66,591 unemployed persons, compared to 67,782 in June and 55,583 in July 2023.
The number of people counted as employed increased by 20,156 over the year to a new record high count of 2,273,759. The civilian labor force also increased to a new record high of 2,340,350, with 31,164 more people joining over the year.
Over the year, wage and salary employment grew by 52,500 to 2,211,700, with gains in the private education and health services sector (+13,500), the leisure and hospitality sector (+9,400), and the trade, transportation, and utilities sector (+9,000), among others.
Counties with the lowest unemployment rates are: Shelby and Morgan Counties at 2.5%, Marshall and Cullman Counties at 2.6%, and St. Clair, Madison, Limestone, and Elmore Counties at 2.7%. Counties with the highest unemployment rates are: Wilcox County at 8.8%, Perry County at 7.0%, and Dallas County at 6.2%.
Major cities with the lowest unemployment rates are: Vestavia Hills at 2.2%, Trussville and Hoover at 2.3%, and Alabaster, Homewood, and Madison at 2.4%. Major cities with the highest unemployment rates are: Selma at 7.4%, Prichard at 5.7%, and Bessemer at 4.4%.
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