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Economy

New unemployment claims drop slightly

There were 8,848 new unemployment claims filed in Alabama last week, slightly fewer than the 8,902 filed the previous week, according to the Alabama Department of Labor. Of the claims filed between Sept. 6 and Sept. 12, 4,485, or 51 percent, were related to COVID-19. That’s the same percentage as the previous week.
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September 17, 2020

Inaugural Alabama Works innovator awards presented

The inaugural AlabamaWorks! Innovator Awards were presented by Gov. Kay Ivey and Deputy Director of Commerce and AIDT Director Ed Castile Thursday during the AlabamaWorks! Virtual Conference. The awards were developed to highlight people and programs across the state that take an innovative approach to solving workforce challenges and help advance Ivey’s Success Plus attainment goal of … Continued
September 17, 2020

Extended unemployment benefits program to expire Sept. 12, ADOL says

The Extended Benefits unemployment compensation program will expire on Sept. 12, 2020, according to the Alabama Department of Labor. The department will continue to pay these benefits through Oct. 3, 2020. The program was previously set to expire on Aug. 29, 2020, with the ADOL scheduled to pay benefits through Sept. 19, 2020. This is … Continued
September 15, 2020

Governor announces reallocation of $300 million to prevent larger tax increases for state businesses

Gov. Kay Ivey on Thursday announced the reallocation of $300 million in federal CARES Act funds to prevent businesses from having to pay exorbitant unemployment insurance tax rates. The $300 million is to be transferred to the state’s Unemployment Insurance Trust Fund and used to offset “shared costs” which are distributed to tax-paying employers, according … Continued
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September 11, 2020

New unemployment claims increased last week

There were 8,902 new unemployment claims filed in Alabama last week, up from 7,823 the previous week, according to the Alabama Department of Labor. Of the claims filed between Aug. 30 and Sept. 5, 4,528, or 51 percent, were related to COVID-19. That compares to 56 percent the previous week and 53 percent the week … Continued
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September 10, 2020