Jobless Rate Takes Big Drop In Alabama
A glance at the local newspaper this morning reveals great news for Alabama, and the tri-county area including Montgomery. And it is my hope that this is another sign that our real estate market is slowly making its way to a recovery.
According to the Montgomery Advertiser, Alabama's unemployment rate for November "dropped 0.6 percent from October, the largest month-to-month drop in unemployment since the state began tracking the numbers more than 35 years ago."
The article went on to say that Montgomery County's unemployment rate has fallen 1.6 percent in the past two months, down to 8.4 percent in November. Read the complete article.
Having seen our housing market rise and fall over the past thirty years of my real estate career, I am excited about these unemployment figures! This has got to be great news as we all celebrate Christmas and look toward a great 2012.
Merry Christmas!
According to the Montgomery Advertiser, Alabama's unemployment rate for November "dropped 0.6 percent from October, the largest month-to-month drop in unemployment since the state began tracking the numbers more than 35 years ago."
The article went on to say that Montgomery County's unemployment rate has fallen 1.6 percent in the past two months, down to 8.4 percent in November. Read the complete article.
Having seen our housing market rise and fall over the past thirty years of my real estate career, I am excited about these unemployment figures! This has got to be great news as we all celebrate Christmas and look toward a great 2012.
Merry Christmas!
Comments