Governor Kay Ivey on Friday announced that Alabama’s preliminary, seasonally adjusted May unemployment rate is 2.7%, a new record low, down from April’s rate of 2.8%, and below May 2021’s rate of 3.6%. “Once more, we are seeing the resiliency of Alabama’s workforce,” said Gov. Ivey. “Yet again, we’re breaking records that were set only a month ago. We’re nearly a full percentage point below the nation’s unemployment rate, we’ve been consistently ranked as the having the lowest unemployment rate in the southeast, and our wages are growing at a remarkable pace.” “In fact, Alabama’s average weekly wages have once...

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