× Jobs, housing market doing well in Huntsville
HUNTSVILLE, Ala. – The United States has hit its lowest unemployment rate in 50 years – 3.5 percent.
In Huntsville, the city’s unemployment rate has been below 3.5 percent since February, and in August, the city hit a record low.
Huntsville’s August unemployment rate was 2.3 percent, according to the Bureau of Labor Statistics. The Bureau also said the current labor force in Huntsville is 230,738 people. This includes everyone who could work as well. This time last year, there were 220,420 people in the labor force.
In one year the Huntsville labor force has grown more than 10,000 people. With space and defense agencies moving to the area,