Alabama Unemployment Rate Drops to New Record Low of 2.8%
Alabama’s unemployment rate has dropped to a record 2.8%. A statement released Friday by the state labor agency says the preliminary, seasonally adjusted unemployment rate for October was down two-tenths of a percent from 3% in September. That’s 1 percentage point better than the jobless rate from a year ago, and it’s well below the national employment rate of 3.6%….
