Elections 2020: Here's who workers at America's biggest employers are backing for president

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Americans voting for a presidential candidate this year are less likely to have a job than those who cast ballots in 2016. Despite some recovery in the labor market since pandemic lows in April, the U.S. employment rate remains depressed amid a slowing recovery.

In October 2016, the official U.S. unemployment rate was 4.9%, compared to 7.9% last month — though the actual jobless rate is thought to be even higher.

With jobs top of mind for millions of Americans this election, Yahoo Finance took a look at how much money workers for the largest employers in each battleground state spent to support the presidential nominees during the current election cycle (2019-2020).

As the graphic below shows, workers from these major employers, including Walmart, tended to donate more aggressively to former Vice President Joe Biden’s campaign and political action committees (PACS) that backed him than they did to President Donald Trump’s campaign and PACs that supported him.

Here’s a look at each battleground state’s largest employer, excluding government employers, and their workers’ recorded political contributions. The largest employer in each state was determined through research from Data Axle, as well as through companies, universities, and state employment bureaus.

Political contributions were determined based on Federal Election Commission (FEC) records where donors indicated working for a specific company.

With the exception of two major donation platforms, ActBlue and WinRed, this list excludes employee donations sent directly to or earmarked for former presidential candidates, congressional candidates, and issue-specific causes. Donations to political organizations whose funds, according to Open Secrets, were spent both supporting the presidential nominees as well as other partisan efforts were included so long as the organization spent funds directly for or against a political nominee.

Graphic credit: David Foster
Graphic credit: David Foster

Texas — 38 electoral votes

Overwhelmingly, Walmart (WMT), with about 1.5 million workers nationwide, is the largest employer across the country, as well as in several of 2020’s battleground states — including Texas, where it employs 158,545 people.

As an “essential business” permitted to remain open during COVID-19 shutdowns, Walmart has avoided pandemic-related layoffs that have befallen large swaths of the retail sector. The company disclosed layoffs in July due to consolidation of its online and brick-and-mortar businesses, but announced in September that it would raise wages for 165,000 employees.

Walmart is the biggest employer in America and the biggest employer in Texas. Image: Getty
Walmart is the biggest employer in America and the biggest employer in Texas. Image: Getty

While Walmart has not publicly endorsed a presidential candidate, its political action committee, Walmart Inc. PAC for Responsible Government, received $15,194 from Walmart employees since 2019. So far this year, the PAC has given 51% of its distributed funds to federal Democratic candidates, and 49% to federal Republican candidates. The company also makes PAC to PAC donations, which between 2019 and today favor GOP causes by 54.5%.