The preliminary, seasonally adjusted unemployment rate for Covington County in February remains identical to that of January at 3.9 percent, as published by the Alabama Department of Labor. This figure represents a part of the 14,563 civilian labor force in the county, with 13,989 of these individuals being employed in February. Although there was no change from month-to-month, the 3.9 percent rate shows an increase from the 2.9 percent rate in February 2023. Unemployment rates in neighboring counties also fluctuated, with some increasing and others decreasing.

At the state level, Alabama saw a slight rise in its unemployment rate to 3 percent from 2.9 percent in January. This is up from February 2023’s rate of 2.3 percent. The number of people labeled as employed increased over the year by 23,963, adding up to 2,258,997 individuals. There has been an increase in the civilian labor force to 2,328,083, with an additional 40,015 people over the year. Alabama’s labor force participation rate for February remained the same at 57.4 percent. Prime-age workers, aged between 25-54 years, saw a tenth of a percentage point increase to a 78.7 percent rate over the month. Over the year, this figure increased by 1.3 percentage points from 77.4 percent.

Just as significant are the changes in wage and salary employment which increased by 39,500 to 2,183,600. This increase is visible in various sectors including private education and health services (+10,900), government (+9,300), and manufacturing (+6,600). Besides, monthly wage and salary employment increased by 21,800. The counties and cities with the lowest and highest unemployment rates were also identified.

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