Economy National labor market remained stable in June with 206,000 new jobs According to the Bureau of Labor Statistics, most measures of labor market performance barely changed between May and June. Chance PhillipsJuly 8, 2024
Economy Westwater Resources, Alabama Graphite Products break ground on Kellyton processing plant The $202 million plant will process raw graphite for use in batteries that power electric vehicles, electronics and many other products. StaffApril 20, 2022
Economy Alabama March unemployment rate ties historic low of 2.9 percent The number of unemployed people also hit a new record low. StaffApril 18, 2022
Economy Hyundai to add first all-electric Genesis GV70, Santa Fe hybrid to Alabama production Hyundai plans to invest $300 million and create 200 jobs at its only U.S. manufacturing center. StaffApril 14, 2022
Economy Hyundai’s Montgomery plant expanding, adding hybrid electric models The $300 million expansion will create 200 jobs, according to a press release. Eddie BurkhalterApril 13, 2022
Economy Inflation overtakes labor quality as top business problem for small businesses Thirty-one percent of owners reported that inflation was the single most important problem in their business. StaffApril 13, 2022
Economy Report: All 25 Black Belt counties are among 35 counties with the highest poverty Alabama’s average poverty rate is 17.6 percent. The Black Belt’s average is 24 percent. Eddie BurkhalterMarch 29, 2022
Economy Report: Alabama among states with most workers earning less than $15 an hour Raising the federal minimum wage to $15 an hour would benefit 896,551 workers in Alabama, according to the report. Eddie BurkhalterMarch 23, 2022
Economy Double digit containment volume growth continues at the Port of Mobile Containers rose 33.0 percent, refrigerated containers rose 80.9 percent, and rail intermodal transfers rose 148.2 percent. StaffMarch 17, 2022
Economy Niagara Bottling plans Alabama production facility, creating 50 jobs in Opelika The bottling plant, located in the Northeast Opelika Industrial Park along Interstate 85, will create 50 jobs initially. StaffMarch 17, 2022
Economy Alabama’s January unemployment rate holds steady at 3.1 percent Alabama’s preliminary, seasonally adjusted January unemployment rate is 3.1 percent, unchanged from December 2021’s rate. StaffMarch 15, 2022