Alabama Unemployment at 4.7% in March

...the lowest level in 4 years, and well below the nationwide unemployment rate of 5.2%. According to this AP report, however, there may be reason to doubt the new numbers:

Statistics released Tuesday by the Alabama Department of Industrial Relations showed all 67 counties recorded a decline in their unemployment rates — another huge change that raised eyebrows.

DIR information specialist Ron Macksoud said the department is looking into whether this is the first time all counties have recorded a decline in a single month.

He said there was a change in the methodology of figuring unemployment rates nationwide in January, but it was not immediately clear if the change had anything to do with the strong statewide decline.

Nonetheless, for many years, economists considered an unemployment rate below 5% as "full employment," so I'd say we're in pretty good shape.