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Metro unemployment hits 8 percent

ATLANTA - The Georgia Department of Labor reported that the unemployment rate in the metro Savannah area rose to a preliminary unadjusted rate of 8 percent in February, up 3.5 percentage points over the year from February of 2008.

March 26, 2009 | Staff Report | Business


Think twice before taking out a loan from your 401(k)

Your car could break down. You might need a new furnace. You have to pay for one last term of college for your child. Whatever the reason, you may someday need a large sum of money in a hurry. And as you look around for a source of funds, your eyes might come to rest on your 401(k) plan. It's there, it's yours - why not tap into it?

March 26, 2009 | Frank Bevenour Guest Columnist | Business


Debt Relief USA to fork over $500K

ATLANTA - Joe Doyle, administrator of the Governor's Office of Consumer Affairs, announced that the agency has entered into a settlement with Debt Relief USA, Inc., a debt adjustment company, over allegations that it violated Georgia's Debt Adjustment Act.

March 26, 2009 | Staff Report | Business


State unemployment mark hits 9.3 percent

ATLANTA – The Georgia Department of Labor reported that the state's seasonally adjusted unemployment rate rose to 9.3 percent in February, the highest rate ever recorded in Georgia. The previous high was a revised 8.5 percent in January.

March 23, 2009 | Staff Report | Business


IRS to hold Super Saturday to answer tax prep questions

ATLANTA - The Internal Revenue Service and scores of its community partners will open their doors on March 21, to help people who need free tax preparation, a question answered or a payment schedule arranged. The IRS recognizes that many taxpayers in the area may be confronting financial difficulties and need additional help this tax season. Therefore, seven IRS Taxpayer Assistance Centers in Georgia, including the Atlanta site (401 W. Peachtree St. NW), will offer free tax preparation and help with tax issues on "Super Saturday", a special service day, from 9 a.m.-2 p.m.

March 19, 2009 | Staff Report | Business


Sassy Steps introducing a Kindermusik program

Sassy Steps School of Dance and Baton is offering a new musical learning program for families with children ages newborn and up - Family Time. The new curriculum, created by Kindermusik, is designed to apply musical and developmental learning in a multi-age, multi-child, family environment.

March 16, 2009 | Staff Report | Business


President’s budget sustains many SBA credit programs

WASHINGTON, D.C. - President Barack Obama's FY2010 budget overview offers full support for the U.S. Small Business Administration's credit programs, authorizing SBA to support loan guarantees of $28 billion to small businesses.

March 16, 2009 | Staff Report | Business


Initial jobless claims double

ATLANTA - The Georgia Department of Labor announced that 86,519 laid-off workers filed first-time claims for state unemployment insurance benefits in February, an increase of 111.2 percent from February 2008.

March 16, 2009 | Staff Report | Business


Sears seeking Hometown store operator

As part of its strategy to provide more convenient shopping for customers, Sears is looking for a local entrepreneur in Rincon to own and operate a Sears Hometown store.

March 16, 2009 | Staff Report | Business


SBA issues alert for scam

WASHINGTON, D.C. - The U.S. Small Business Administration issued a scam alert to small businesses, warning them not to respond to letters falsely claiming to have been sent by the SBA asking for bank account information in order to qualify them for federal tax rebates.

March 16, 2009 | Staff Report | Business


Governor proclaims Ag Awareness Day

Gov. Sonny Perdue has proclaimed March 15-21 as Georgia Agriculture Week to celebrate the industry. Gov. Perdue has designated March 17 as Georgia Ag Awareness Day. Georgia's weeklong celebration coincides with National Agriculture Week. National Agriculture Day is March 20.

March 09, 2009 | Staff Report | Business


Borrowers earn return from AgSouth

STATESBORO - AgSouth Farm Credit, a rural lending cooperative, announced earnings of $33 million during 2008, down slightly from the association's 2007 year-end figures.

March 09, 2009 | Staff Report | Business


IRS has refunds for those who didn’t file 2005 return

ATLANTA - Unclaimed refunds totaling approximately $1.3 billion are awaiting over a million people who failed to file a federal income tax return for 2005. In Georgia nearly $39 million in unclaimed refunds awaits about 44,000 individuals. However, to collect the money, a return for 2005 must be filed with an IRS office no later than April 15.

March 09, 2009 | Staff Report | Business


Jobless Georgians to get a little extra

ATLANTA - State Labor Commissioner Michael Thurmond said that the Georgia Department of Labor has begun mailing an additional $25 per week to more than 180,000 jobless Georgians who have a valid unemployment insurance claim with the Georgia Department of Labor.

March 09, 2009 | Staff Report | Business


Another new high for unemployment

ATLANTA - The Georgia Department of Labor reported that the unemployment rate in the metro Savannah area rose to a preliminary unadjusted rate of 7.5 percent in January, up 2.9 percentage points over the year from January 2008. The jobless rate in metro Savannah rose nine-tenths of a percentage point from a revised 6.6 percent in December.

March 05, 2009 | Staff Report | Business


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Articles by Section - Business


State jobless rate rises to 8.1 percent for August

ATLANTA-The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for August was 8.1 percent, up four-tenths of a percentage point from a revised 7.7 percent in July. The rate in August of last year was 8.2 percent.

September 18, 2014 | Staff report | Business


Logistics company to recruit workers in Springfield

The Georgia Department of Labor will host a recruitment next week to help Pinnacle Workforce Logistics hire about 30 workers for a warehouse in Pooler.

September 12, 2014 | Staff report | Business


A new name for studio, but focus remains same, CEO says

The CEO of Moon River Studios said Tuesday they are eyeing an early 2015 start date for construction on a massive studio project slated for Effingham County.

September 11, 2014 | By Patrick Donahue | Business


Labor Department to bring business, employer summit to Savannah

The Georgia Department of Labor and several employer committees in coastal Georgia will co-sponsor a business and employer summit Sept. 23 in Savannah.

September 08, 2014 | Staff report | Business


ASU quarterly report says coastal economy growing

Armstrong State University's latest Coastal Empire Economic Monitor reports the Savannah-area economy continued to expand during the second quarter of 2014 and should experience strong growth throughout the year.

September 04, 2014 | Staff report | Business


SBDC to present GrowSmart series for small businesses

SAVANNAH - In its 10th year, SBDC GrowSmart, the signature series of the University of Georgia Small Business Development Center, will begin Sept. 16 and consists of five modules over five weeks. Each module will focus on a particular topic, such as marketing, finance, and management, with the sessions lasting from 9 a.m.-4 p.m.

September 04, 2014 | Staff report | Business


Studio not only item on IDA’s menu

When a company planning a massive project in the community changes its name, it takes a little getting used to.

September 01, 2014 | By Paul Floeckher | Business


Mapping how to attract, keep tourists

Effingham County could shape itself into a draw for tourists, if enough resources are applied to making it happen, a state tourism official said Thursday.

August 25, 2014 | By Patrick Donahue | Business


Jobless rate nudges upward

ATLANTA - The Georgia Department of Labor announced that Effingham County's preliminary unemployment for July was 6.6 percent, up from June's rate of 6.4 percent. The rate is down from the July 2013 mark of 7.1 percent.

August 25, 2014 | Staff report | Business


Area economy back on the fast track

ST. SIMONS ISLAND - As director of Armstrong State University's Center for Regional Analysis, Michael Toma has been a bearer of grim economic tidings over the last several years. But Thursday morning, his remarks on the region's outlook appeared to be much more well-received.

August 21, 2014 | By Patrick Donahue | Business


IDA waits for answers on Medient master plan

While Effingham Industrial Development Authority members expect to get the master plan for Medient Studios' project, they also still have a slew of questions.

August 21, 2014 | By Patrick Donahue | Business


State jobless rate up to 7.8 percent

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for July was 7.8 percent, up four-tenths of a percentage point from 7.4 percent in June. The rate in July of last year was 8.3 percent.

August 18, 2014 | Staff report | Business


Medient unveils revised master plan

A studio planning on building a massive complex in Effingham County hopes to have its first building up and ready by the end of the year.

August 14, 2014 | By Patrick Donahue | Business


Georgia Ports hit all-time high in container traffic in July

The Georgia Ports Authority reached an all-time high in container trade in July, moving 293,889 20-foot equivalent container units, a 19.2 percent increase over the previous year.

August 14, 2014 | Staff report | Business


Chamber membership drive rolls on

The Effingham Chamber of Commerce's drive has brought in 27 new members, one renewal and two members upping their involvement to members of distinction level, Chamber Executive Director Rick Lott said.

August 11, 2014 | Staff report | Business


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