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Economy

New unemployment claims held steady in June, state says

The number of Alabamians filing for unemployment insurance held more or less steady over the course of June, with 18,340 new claims added during the last week of the month, according to the Alabama Department of Labor. There were 19,950 new claims in the first week of June and 18,367 in the second week, then … Continued
July 2, 2020

Secretaries of State share joint statement on importance of USMCA launch

Following the completion of the necessary measures to comply with commitments under the United States-Mexico-Canada Agreement (USMCA), the Agreement officially enters into force today, July 1, 2020. As Secretaries of State who oversee the business filings process in the respective states of Alabama, Iowa, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, Ohio, Texas, and Wyoming, Secretaries John … Continued
July 2, 2020

Ivey announces SiO2’s $163 million expansion in Auburn

Alabama Gov. Kay Ivey announced Wednesday that SiO2 Materials Science plans to invest $163 million in an expansion at its Auburn facility. The announcement came just after securing a major contract to supply the federal government with vials to support the COVID-19 vaccine effort if and when an effective vaccine is developed. The project will … Continued
July 1, 2020

ADOL announces extended benefits program to begin

The Alabama Department of Labor announced today that the state will begin offering Extended Benefits (EB) for those who qualify and have exhausted previous benefits. This is a separate program from the Pandemic Emergency Unemployment Compensation (PEUC) program that was enacted under the CARES Act. The EB program is a federal program that is triggered … Continued
June 29, 2020

Doug Jones urges Alabama small businesses to apply for COVID-19 aid

U.S. Sen. Doug Jones, D-Alabama, on Friday encouraged Alabama’s small businesses to apply for COVID-19 relief funds through the Paycheck Protection Program before the June 30 deadline.  “All small businesses in Alabama should reach out to their bank or credit union to check to see if they’re eligible to benefit from PPP loans before the … Continued
June 26, 2020

Deadline to apply for the Payroll Protection Program is near

U.S. Rep. Gary Palmer, R-Hoover, and Alabama Gov. Kay Ivey on Wednesday both released statements to remind business owners impacted by the coronavirus crisis that the deadline to apply for a loan under the Payroll Protection Program is next week. “Reminder: the deadline to apply for a Paycheck Protection Program loan is coming up next … Continued
June 25, 2020

New company brings Alabama-made products to your doorstep

More than 500 products are made in Alabama. Still, it can be difficult for Alabama owned businesses to get their products in front of consumers, and it can be even harder for consumers to find products made in our great state. BamaInaBox.com was created with the purpose of making it easier for consumers to connect … Continued
June 22, 2020

Alabama’s unemployment rate falls to 9.9 percent

Alabama’s 9.9 percent unemployment rate in May is down slightly from April, and the reduction comes after Gov. Kay Ivey relaxed some restrictions meant to slow the spread of COVID-19 and allowed more businesses to open.  The state’s revised unemployment rate in April was 13.8 percent. The state’s 9.9 percent unemployment rate in May is … Continued
June 19, 2020

Shelby applauds the agreement on the Mobile Harbor Project

U.S. Sen. Richard Shelby on Wednesday praised the announcement that the U.S. Army Corps of Engineers, Mobile District, and the Alabama State Port Authority have officially entered into a Project Partnership Agreement to deepen and widen the Mobile Harbor Ship Channel by late 2024 or early 2025. The agreement was signed today by Colonel Sebastien … Continued
June 18, 2020

AlabamaWorks, Alabama Workforce Council launch survey

AlabamaWorks! and the Alabama Workforce Council (AWC) are pleased to announce the Governor’s Survey of Employer Competencies. This new tool will survey business owners in each sector and region of the state to assist the Alabama Committee on Credentialing and Career Pathways (ACCCP) with identifying the current in-demand occupations and competencies, as well as the credentials of value … Continued
June 16, 2020