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Economy

Alabama automakers contribute to COVID-19 fight

Alabama’s automakers are doing what they can to help fight the coronavirus global pandemic. Toyota’s engine plant in Huntsville engine is producing 7,500 protective face shields for local hospitals. The plant has donated 160 safety glasses to local hospitals. Toyota has also made a $25,000 to the United Way of Madison County to support COVID-19 … Continued
April 6, 2020

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