labor participation rate

Many economists had been expecting an economic slowdown in 2020 after an extremely prosperous 2019. January, however, vastly exceeded expectations. The U.S. added 225,000 jobs in January. Trade tensions were greatly eased after President Donald J. Trump (R) formally signed the United States Mexico Trade Agreement (USMCA) into law and reached a Phase One trade … Continued

In July, unemployment dropped to just 3.9 percent. Congressman Robert Aderholt, R-Haleyville, cited this fact as “proof” that the controversial Tax Cuts and Jobs Act is working. Republican in Congress passed the bill late last year without any support from congressional Democrats. “Proof that the tax cuts Congress passed are working: 1.5 million people have … Continued

By Brandon Moseley Alabama Political Reporter Recently, Alabama Governor Robert Bentley (R) announced that Alabama’s preliminary, seasonally adjusted November unemployment rate is 6.0 percent. Governor Bentley said, “We are coming closer and closer to hitting that golden wage and salary employment number of two million jobs. We are less than 25,000 jobs shy of attaining … Continued

By Brandon Moseley Alabama Political Reporter Friday, November 20, Alabama Governor Robert Bentley (R) announced that Alabama’s preliminary, seasonally adjusted October unemployment rate is 5.9 percent, down from September’s rate of 6.0 percent, and below October 2014’s rate of 6.2 percent. Gov. Bentley said in a statement, “More jobs are being created, Alabama’s unemployment rate … Continued

By Brandon Moseley Alabama Political Reporter Earlier this month, Alabama Governor Robert Bentley announced that Alabama’s July Unemployment Rate was 7.0%. That is much better than the post-Great Recession jobs situation that Governor Bentley inherited four years ago, but not considerably better than where the state was this time last year. Total wage and salary … Continued