June 2012 Group Watch: Alabama Unemployment Rate up to 7.4 Percent
State officials announced that the unemployment rate rose from 7.2 percent in April to 7.4 percent in May. The slight increase is being attributed education employees who aren’t working in the summer months and to new high school and college graduates entering the workforce. The state’s unemployment rate a year ago was 9.3 percent and hit 10.0 percent in July 2011. In recent weeks, Governor Bentley has traveled the state announcing new and expanding industry that will bring thousands of new jobs to the state.
