4,254 registered users!
HBTV | HBTV5 | 3WH | News & Information
Return to the Home Page
Tuesday, December 7, 2021


2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005

Unemployment Rates Show Improvement

By Sam Poe
Tuesday, September 23, 2014 | 12:09 AM
https://hbtv.us/news/?story_id=2303

The unemployment rate for the State of Alabama has been a major topic since rates began climbing in late 2007. Prior to the sharp increase, the State of Alabama was at historical lows in April of 2007 with only a 3.2% unemployment rate. In December 2007, our country entered a recession, and the rates began to rise across the nation.

 

In October 2009, it peaked at 10.0% nationwide with Alabama coming in just above the national average at 10.4%, four months after economic specialists declared the United States was no longer in the recession. Rates have now begun to reach the lowest point since the recession began, coming in at 6.9% for Alabama for August 2014 (Winston County-8.9%, Marion County- 9.0%, Franklin County- 8.3%, and Lawrence County-8.9%).

 

In addition, all Alabama counties, with the exception of Dallas and Greene Counties, showed a decrease in unemployment during August. The counties with the lowest unemployment rates are Shelby at 5.1%; Blount at 5.7%; and Cullman, Lee, and Baldwin Counties at 5.8%. 

Posted in News