Alabama Unemployment Rate
The unemployment rate measures the share of the labor force within the United States that is currently jobless. The jobless rate, as it is also called, is measured in a percentage, which means the number of unemployed labor workers is divided by the number of total workers in the entire labor force, including employed and unemployed. The "employed” category extends beyond simply full-time workers to also include workers who spend at least 15 hours working unpaid for their family and workers who are temporary or part-time. For the “unemployed,” the jobless rate factors in only those unemployed entirely, regardless of circumstance. It is important to keep an eye on the unemployment rate in each state, as well as the United States as a whole, to understand the current economy and the budgetary spending limits of each state.