Economy

BCA, Chamber of Commerce announce 2024 Alabama Small Business of the Year Award winners

The event highlighted the vital role small businesses play in the state’s economy by making up 99.4 percent of businesses in Alabama.

November 20, 2024

Alabama labor force hits record high, unemployment steady at 2.9 percent

Alabama’s preliminary, seasonally adjusted unemployment rate remained steady at 2.9 percent.

November 18, 2024

NLRB decides captive audience meetings are unlawful in potential boost for unions

Unions said captive audience meetings were partially responsible for losses at the Amazon location in Bessemer and the Mercedes plant.

Chance Phillips

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November 14, 2024

Small business optimism rises, but economic challenges persist

Seasonally adjusted, a net 31 percent reported raising compensation, down one point from September.

November 13, 2024

Judge orders a third union election at Amazon warehouse in Bessemer

An NLRB judge ruled Amazon violated the law by confiscating union materials, surveilling employees, and threatening plant closure.

Chance Phillips

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November 8, 2024

Alabama trails nation in women’s employment as U.S. rates hit historic high

While women’s employment surges nationwide, Alabama faces persistent gaps in workforce participation and wage equity.

Bill Britt

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November 1, 2024

NFIB: Small business owners continue to struggle with labor shortages

35 percent of small business owners nationwide reported unfilled job openings.

November 1, 2024

Realtors release September Alabama Economic and Real Estate Report

Alabama recorded 5,340 home sales in September, a decrease of 10.6 percent over last month.

October 22, 2024

Alabama Woods to Goods Week celebrates state’s forest industry

The forest and forest products industry contributes more than $36 billion to Alabama’s economy.

October 22, 2024