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Economy

AlabamaWorks business survey shows pandemic’s impact

Nearly 1,800 business owners across the state participated in the Alabama COVID-19 Workforce Response Survey. Developed by AlabamaWorks, the survey results provide an in-depth look at the pandemic’s impact on Alabama’s employers and will, ultimately, help determine how private industry and state government together can best support the economy and get people back to work. … Continued
May 5, 2020

Alabama to receive over $2 billion in COVID-19 relief funds

Alabama is in line to receive more than $2.47 billion from the CARES (Coronavirus Aid, Relief and Economic Security) Act, according to estimates by the Public Affairs Research Council of Alabama (PARCA). The CARES Act was signed into law by President Donald Trump on March 27. A supplemental act passed Congress on April 23. The … Continued
May 4, 2020

Ranchers group supports president’s order to keep meatpackers operating

Thursday, rancher group R-CALF-USA announced that they were in support of President Donald J. Trump’s (R) executive order invoking the Defense Production Act to declare meatpacking operations critical infrastructure that must remain open. R-CALF USA said in a statement that, “Trump’s action was necessary to prevent further collapse of the United States’ meat supply chain.” … Continued
May 1, 2020

HomTex switches to making face masks in Alabama

Due to the coronavirus crisis, HomTex Inc., a Cullman based manufacturer of bed liners and other items, has shifted its focus to making cotton face masks for businesses and individuals. The family owned company also plans a major investment at its facilities in Cullman County to manufacture the pleated, 3-ply surgical masks used in hospitals … Continued
April 29, 2020

Shelby announces $61 Million in grants for Alabama airports

U.S. Senator Richard Shelby, R-Alabama, today announced that 25 local airports across the state of Alabama will receive a total of $60,999,054 in Federal Aviation Administration (FAA) grants. The funding, some of which is made available through the Coronavirus Aid Relief, and Economic Security Act (CARES Act) of 2020, was awarded by the U.S. Department … Continued
April 29, 2020

League of Municipalities, city of Tuscaloosa launch online portal to tally cost of COVID-19

Accurate estimates of the financial costs of the COVID-19 pandemic on local municipalities will be critical when cities ask the federal government for help during the recovery, so the Alabama League of Municipalities on Tuesday announced a new portal designed to help cities do just that.  In partnership with the City of Tuscaloosa, the Alabama … Continued
April 28, 2020

AlabamaWorks replaces JobLink as state’s free online job database

The Alabama Department of Labor would like to announce the launch of AlabamaWorks.alabama.gov, the new free online jobs database that is replacing Alabama JobLink. The Alabama Career Center System is ready to implement the services of this new database. For years, Alabama JobLink has served Alabama employers and jobseekers. AlabamaWorks offers the same great services … Continued
April 28, 2020

BCA member Medical Place donates $100K to UAB for COVID-19 research

The Business Council of Alabama (BCA) today announced that Montgomery-based Medical Place, a BCA member, has donated $100,000 to the University of Alabama at Birmingham (UAB), earmarked for COVID-19 related research. This came after Medical Place approached BCA for help facilitating the donation to a group working on long-term coronavirus relief. “My father’s motto, which … Continued
April 27, 2020