Labor participation rate ticks up in October

Alabama’s overall labor participation rate increased slightly in October though the percentage of young people working ticked down. The overall participation rate increased by one-tenth of a percentage point last month to 57.6%, Alabama Department of Labor Secretary Marty Redden said in a written statement. The percentage of prime-age workers decreased by two-tenths of a percentage point to 79.1% over the month. Year-over-year, the percentage of people ages 25 to 54 has increased by one percentage point.

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