alabama's working families and the broken promise of economic ...
alabama's working families and the broken promise of economic ...
alabama's working families and the broken promise of economic ...
- No tags were found...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
For most <strong>of</strong> this decade, Alabama’s unemploymentrate has been consistently below <strong>the</strong> national poorer” rings especially true in Alabama. The stateThe saying “The rich get richer while <strong>the</strong> poor getaverage. 9 With job opportunities increasing, <strong>and</strong> ranks 7th worst in <strong>the</strong> nation in terms <strong>of</strong> incomean unemployment rate that approached full- inequality, with <strong>the</strong> income limit for those in <strong>the</strong>employment levels, one would expect Alabamians bottom quintile at $24,388 <strong>and</strong> <strong>the</strong> threshold forto enjoy an increase in earnings, but that has not <strong>the</strong> top quintile at $89,513. This income gap givesbeen <strong>the</strong> case for <strong>the</strong> average worker. The median Alabama <strong>the</strong> highest range <strong>of</strong> income inequalityhousehold income for Alabama declined by 5 percentbetween 2000-01 <strong>and</strong> 2004-05, falling from indicates that incomes have increased much moreamong its neighboring states. The table to <strong>the</strong> right$39,797 to $37,502 in inflation-adjusted dollars. 10 rapidly among higher income groups than amongPERCENTAGE OF WORKING FAMILIES THAT ARE LOW-INCOME50%40%30%20%10%0National Alabama Florida Georgia Mississippi TennesseeThe saying “The rich get richer while <strong>the</strong>poor get poorer” rings especially true in Alabama.The state ranks 7th worst in <strong>the</strong> nationin terms <strong>of</strong> income inequality.14 Bridging <strong>the</strong> Gap