Covington county unemployment rate in August showed an increase in the rate in July, going from 2.5 percentage to 2.6 According to Alabama Department of Labor.
The seasonally adjusted, preliminary percentage for Covington County is an average civilian workforce of 15,083 people. This is down from August 2023’s total workforce of 15,302. In total, 14,690 people of Covington County’s workforce were employed with 393 people unemployed as per the data supplied through the ADOL and the Bureau of Labor Statistics.
The unemployment rate for August decreased to .4 percent compared to the previous year. The rate in August 2022 averaged 2.9 percent.
This county’s percentage was barely below the rate for the state of 2.6 percent.
The unemployment rates for the neighboring counties for August Butler County, 2.8 percent an increase from 2.6 in July; Coffee County, 2.4 percent, which is up from 2.3 percent. Conecuh County 3.6 percent, an increase of 3.3 percent. Crenshaw County 2.4 percent, which is a slight improvement in comparison to July’s 2.3 percent. Escambia County 2.9 percentage, an increase from 2.8 And Geneva County came in at 2.4 percent, which is an increase from July’s 2.3 percentage.
The state’s rate for August of 2.1 percent is still the lowest level in history and is a record-breaking number of people employed. The rate in August is lower than the rate for August 2022 which was 2.6 percent, which is 48,605 people unemployed, which is a new record low according to ADOL Secretary Fitzgerald Washington.
“Yet again, we’re reporting record-breaking economic numbers in the month of March,” Washington said. “While our employment rate for the month remained the same, we’re continuing to work with groups that are marginalized to bring them into our workforce .”
The number of Alabamans working was increased by 32,631 during the course of the year, reaching a record of 2,259,025. The labor force of civilians also hit a record of 2,307,630 with an additional 21,036 people joining the workforce during the course of.
In the past year wages and salaries rose by 38,100, to 2,149,800. This was accompanied by increases in the leisure and tourism sector (+4,900) as well as the private health and education sectors (+7,100) and the public sector (+5,900) as well as the transportation, trade, as well as utilities industry (+8,100) and professionals and the business services industry (+6,000) and many more.
In the month of March, the number of salaried and wage workers was up by 1,900 to 2,149,800. There were growth in the public sector (+2,800) as well as the business and professional sectors of services (+2,400) and the private health and education sectors (+2,100) and many more.
The counties that have the lowest unemployment rates include: Shelby County at 1.8 percent; Morgan, Marshall, Madison and Cullman counties with 2.0 percent respectively; and St. Clair, Limestone, Elmore, and Blount counties with 2.1 percentage.
counties with the highest rates of unemployment include: Wilcox County at 7.3 percent, Dallas County at 5.5 percent as well as Perry County at 5.0 percent.
The cities that have the lowest unemployment rates include: Vestavia Hills at 1.6 percent, Alabaster, Homewood, Madison and Trussville with 1.7 percent and Hoover with 1.8 percent.
The cities that have the highest rates of unemployment include: Selma at 6.5 percent, Prichard at 4.9 percent, and Bessemer with a rate of 4.4.
“prime-age” percentage of participation, that is a measure of the percentage of labor force participation for those aged 25-54, remains 77.8 percentage within Alabama.
The article Covington County’s unemployment rate is 2.6 percent as of August was originally published at The Andalusia Star-News.
