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Posted byElmore County1 month ago

Alabama employment rate at decade-high

11 comments
88% Upvoted
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level 1

Neat. Good job Alabama.

level 1

I have hired more people this year than I ever have for the last 30 years. But one went back to school so you should see the normal decline of fall in the number 2 months or so from now.

level 1
Comment deleted1 month ago(4 children)
level 2

Did you misread the headline and think it said unemployment?

level 3

imagine rooting against the success of your own people out of hate. I really don't care who's responsible to make me glad employment is up.

level 4

Bingo. He cannot fathom something positive happening because of preconceived eventualities.

level 2

I agree, this does not seem possible.

level 1

The employment rate hasn't recovered to its level before the First Second Bush recession.

level 1

Isn't record low unemployment a good sign of a coming recession?

level 2

Not necessarily, depends on how you look at it. It just means that we are, Alabama and the nation as a whole, is at the peak of the business cycle right now. We've been basically working up to the peak since about 2011. Things could stay at or near peak for a time, say a year or so, and then take a slight dip, or things could gradually start slowing down. GDP growth is doing good, even if it slows down to at or slightly below the 5 year average it doesn't mean things are about to get bad.

Probably the best indicator that a recession is coming(could still be a year or 2 away, and a minor one), is that every decade since the 20s has had some sort of recession, and we are getting near that point.

level 1

Thanks Obama!

level 1
-7 points · 1 month ago(0 children)
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