Montgomery, AL – Alabama's unemployment rate has dropped to 10.8 percent for the month of May. That's down from 11 percent in April.
State Industrial Relations Director Tom Surtees relased the latest jobless figures Friday. He said wage and salary employment increased by 13,700 over the month, and has gone up by 44,400 since the first of the year.
The 10.8 percent unemployment figure for May is up from the 9.8 percent rate of May one year ago. But over the last seven months, the rate has remained fairly steady at between 10.9 percent and 11.1 percent, an indication that unemployment in Alabama may have peaked.
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