New unemployment claims dropped last week
Fifty percent of the new claims were related to COVID-19.
Economy
Manufacture Alabama announces Diversify initiative
The initiative will be led by a council consisting of industry leaders from across Alabama.
Alabama’s unemployment tax set to nearly double
Because of a massive increase in unemployment claims, Alabama's unemployment tax rate in 2021 will go up 92 percent.
Resource Fiber plans to build a bamboo products manufacturing plant in Sulligent
Resource Fiber plans to invest $3.6 million in the Lamar County facility.
Small business optimism declined sharply last month: survey
Expectations for the next six months are increasingly dim, according to the latest report by the National Federation of Independent Business.
New unemployment claims increased again last week
It is the highest number of new claims recorded in a single week since July.
Officials offer thoughts on Huntsville Space Command decision
"We welcome Space Command to Huntsville with open arms and a good dose of southern hospitality," the lieutenant governor said.
Delegation’s actions diminish Alabama’s economic development outlook, say insiders
Brooks faces censure. Tuberville is considered by most a pariah. Only Shelby and Sewell will hold influence on Capitol Hill.
New unemployment claims spiked last week
Of those claims, 80 percent were related to COVID-19.
ADOL begins paying CARES Act extended benefits, additional $300 weekly benefit
Claimants eligible for these payments will need to take no action other than continuing to file weekly certifications.
January 7, 2021