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Report: 92 percent of small employers negatively impacted by coronavirus

Thursday, the National Federation of Independent Businesses said that 92 percent of small employers surveyed report that they have been negatively impacted by the forced economic shutdown to fight the spread of the coronavirus. The NFIB Research Center’s latest survey on the current impact of the COVID-19 outbreak on small business shows continued deterioration of … Continued
April 3, 2020

Fifty major American companies join effort to fight the coronavirus

Wednesday, the White House announced that fifty major American firms have answered the White House’s call to join the national war on the coronavirus. “The private sector is responding to President Trump’s call to step up and help combat the coronavirus,” the White House said Tuesday. Many of the companies are shifting their focus and … Continued
April 3, 2020

Alabama municipalities may be left out of $2 trillion stimulus package

As the largest economic stimulus in American history flows to states and municipalities around the nation, stipulations in the two-trillion dollar emergency fund may leave Alabama cities out altogether. As enacted, the third stimulus bill, the CARE Act, directs funding for states, and local governments, the catch is that the act only allocates funds for … Continued
April 2, 2020

More than 80,000 joined the unemployment rolls in Alabama last week

More than 80,000 people filed a jobless claim to receive unemployment compensation last week, the Alabama Department of Labor and the U.S. Department of Labor say. That number is about eight times the number of claims filed the week before when layoffs began hitting the state. Alabama Department of Labor spokesperson Tara Hutchison said Monday … Continued
April 2, 2020

Freelancers, gig workers can begin filing unemployment claims

Employees like freelancers and the self-employed can now file for an unemployment claim in Alabama, the Alabama Department of Labor said Tuesday, under the CARES Act, the coronavirus response bill passed by Congress and signed by the president last week. The Alabama Department of Labor is encouraging employees who believe they may qualify for programs … Continued
March 31, 2020

More than 70,000 people filed unemployment claims in Alabama last week

More than 70,000 people filed a jobless claim to receive unemployment compensation last week, the Alabama Department of Labor says. That number is about eight-times the number of claims filed the week before when layoffs began hitting the state. Alabama Department of Labor spokesperson Tara Hutchison said Monday that some 74,056 people filed an initial … Continued
March 30, 2020

UAH researchers and the world’s fastest supercomputer join the fight against the COVID-19 virus

More and more of Alabama’s brainpower is being redirected into fighting the novel coronavirus that causes COVID-19. Dr. Jerome Baudry is a professor in the Department of Biological Sciences at the University of Alabama at Huntsville. Dr. Baudry and his lab are involved in a project that is using the Oak Ridge National Laboratory’s Summit … Continued
March 30, 2020

Alabama Credit Unions announce policy on coronavirus

The Alabama Credit Association says that Alabama’s credit unions have been working diligently to meet the financial needs of the states’ families and businesses during the coronavirus pandemic. “On behalf of our credit union members, we want to share the following important information with you,” the Alabama Credit Union Association said in a statement. The … Continued
March 30, 2020

Alabama jobless claims soar past 40,000 this week, breaking records

More than 40,000 people filed a jobless claim to receive unemployment compensation in the first four days of this week, the Alabama Department of Labor says, more than quadrupling the number of claims filed last week when layoffs began hitting the state. Alabama Department of Labor spokesperson, Tara Hutchison, said Thursday that 40,628 people filed … Continued
March 26, 2020