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Greetings!

 

Here is today's summary of economic development news, a free service of the Economic Development Partnership of Alabama, representing Alabama's private sector investment in economic development.  If you enjoy NewsFlash, thank an EDPA Partner

 

In this issue:
Alabama unemployment rate declines in June as labor force expands
Macon County auto supplier Halla Visteon adds jobs
Mobile native lands spot in the top four of Alabama Launchpad competition
University of West Alabama names Tuscaloosa native as special assistant to president

 


Alabama unemployment rate declines in June as labor force expands

July 18, 2013

 

MONTGOMERY, Alabama - Alabama's unemployment rate moved lower in June as the state's labor force continues to grow from the levels of a year ago. Jobs were gained in sectors including construction and transportation.

 

Governor Robert Bentley today announced that Alabama's preliminary June unemployment rate is 6.5 percent, down from last month's rate of 6.8 percent and well below last year's June rate of 7.6 percent.  June 2013's rate represents 140,148 unemployed persons, compared to 147,720 in the previous month and 163,982 in June of 2012.

 

"We're working hard every day to recruit more jobs for the people of Alabama," Governor Bentley said.  "We're encouraged to see year-to-year improvements in the factors that comprise our unemployment rate.  Since June of 2012, the labor force has increased by more than 10,000, the number of people working is up by nearly 34,000, and the number of people unemployed is down by almost 24,000.  This is why our unemployment rate is down by more than 1 percentage point since then."

 

 

 more...

 

[madeinalabama.com]

 

 

 

 


Macon County auto supplier Halla Visteon adds jobs 

 By Brad Harper
July 18, 2013

Shorter resident Derrick Phelan remembers how things changed when VictoryLand casino closed.

"It was really hard," Phelan said. "VictoryLand really brought a lot of things to our economy around here, really helped everybody out with a lot of things."

 

Now Macon County has shifted gears. Faced with one of the highest unemployment rates in the state, it's working to nurture its automotive manufacturing industry.

 

Hyundai and Kia supplier Halla Visteon Climate Control Alabama is the county's largest private-sector employer at around 500 employees, and on Thursday the plant celebrated a $10 million expansion and 50 new jobs. It was the second expansion for the plant, and leaders said it won't be the last.



more...

 

 

 

 



Mobile native lands spot in the top four of Alabama Launchpad competition
on July 19, 2013 

Mobile native and University of Alabama student William Sanders clenched one of the top four spots in the Alabama Launchpad Startup competition, along with his colleagues. 

 

Sanders is the chief marketing officer for startup, e-Electricity which is presenting the concept of a wireless phone charger. Sanders another participant and professor Jaber Abu-Qahouq, who first developed the technology, are behind the company. 

 

 Their product would harvest radio frequency waves and convert them into electricity that can be used to charge a cellular phone.

 

The trio has been competing in the statewide competition for a chance to move the wireless phone charger concept off the printed page and into an actual prototype.



more...

 


University of West Alabama names Tuscaloosa native as special assistant to president
Staff report
Friday, July 19, 2013 
 

A Tuscaloosa native has been named as a special assistant to the president of the University of West Alabama, tasked with working on outreach for the university's workforce development initiatives.

William McFarland Jr. will assume his new role beginning Aug. 1, according to a release from UWA. 

 

His responsibilities will include business and industry partner outreach on behalf of UWA President Richard Holland in connection with workforce development initiatives and a special emphasis on the ongoing $2.2 million federal technical training grant project, according to the release.

 

McFarland will also assume the role of director of the UWA James Suttles Entrepreneurship Institute, which works to create an innovative entrepreneurial infrastructure in the state's Black Belt.

 
 
more...
 
 

 

 




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