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Economy

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

Virtual tip jars helping service industry workers amid COVID-19 closures

Communities are coming together to provide some relief to service industry workers who are unable to work due to restaurant and bar closures during the COVID-19 outbreak. Last week, Gov. Kay Ivey issued statewide shutdowns of all dine-in restaurants and bars in an attempt to increase social distancing as the COVID-19 epidemic continues to grow … Continued
March 26, 2020

The White House and Senate reach deal on a stimulus

Early Wednesday morning, the White House and Senate leaders finally reached a deal on a massive stimulus package they are hoping can keep the American economy from falling into a deep recession due to the government-imposed economic shutdown to deal with the growing coronavirus threat. The final version of the Senate bill comes with a … Continued
March 25, 2020

Economic downturn sees uptick in possible sex trafficking recruitment

Tuesday, the Child Trafficking Solutions Project and the Children’s Policy Cooperative of Jefferson County issued a statement warning that there is a noticeable increase in Craigslist postings for possible human trafficking purposes due to the coronavirus economic impact. “If you see any such postings on Craigslist or any social media sites, please screen shot and … Continued
March 25, 2020

Hightower participates in White House small business assistance call

Late Friday afternoon, former state Senator and First congressional district candidate Bill Hightower (R-Mobile) participated in a call with President Donald J. Trump (R), Labor Secretary Scalia, and Larry Kudlow of the National Economic Council of Advisors to discuss the Trump Administration’s efforts to support small businesses during the government ordered economic shutdown to prevent … Continued
March 25, 2020

Democrats reject coronovirus bill, saying more is needed for working people

U.S. Sen. Doug Jones, D-Alabama, said he voted Sunday evening against moving forward a $1.6 trillion emergency rescue package during a procedural vote because it doesn’t go far enough to help working people who need relief the most. “We need a strong, bipartisan package that directly assists our workers, our health care providers, and vulnerable … Continued
March 22, 2020

Daniels: We have to get help to those who need it most

There is not enough help coming fast enough to the people struggling the most.  That was the message from Alabama House Minority Leader Anthony Daniels, who was asked on the “Alabama Politics This Week” podcast about the efforts of Alabama’s state government to address the COVID-19 pandemic.  [visual-link-preview encoded=”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”] “If you’ve never been poor, you … Continued
March 20, 2020

Sewell, Jones urge Ivey to extend unemployment benefits for workers impacted by COVID-19

U.S. Sen. Doug Jones, D-Alabama, and Congresswoman Terri Sewell, D-Selma, sent a letter urging Alabama Gov. Kay Ivey and her administration to extend unemployment benefits for Alabamians impacted by the spread of the novel coronavirus, which causes COVID-19. “As our state and nation responds to the COVID-19 pandemic by encouraging ‘social distancing,’ many workers in … Continued
March 20, 2020