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Mauldin & Jenkins Expands Government Advisory Team

Atlanta-based accounting and business advisory firm Mauldin & Jenkins has announced the addition of Timothy (Tim) Evans to its expanding Governmental Advisory practice. With almost three decades of executive government leadership, Tim brings substantial experience and valuable niche knowledge to serve Mauldin & Jenkins’ governmental clients.

A Top 100 Accounting Firm with offices located throughout the Southeast, Mauldin & Jenkins has rapidly increased in service offerings as well as size over the past several years to meet growing demand. Adding Tim’s expertise to its popular specialty practice allows the firm to accept and serve additional clients in this niche. His insight and experience further strengthen the Governmental Advisory team’s already substantial depth, helping the practice group better meet the highly specialized needs of state, county and local governments; government agencies; and quasi-governmental organizations.

Tim’s background includes serving as the Chief Operating Officer and Human Resources Director at the Georgia Department of Labor. In his roles, Tim provided organizational oversight and strategic direction for departmental divisions consisting of approximately 4,000 employees.

Over the course of his career, Tim has amassed significant experience encompassing all aspects of governmental planning, management, and operations. Tim has significant experience managing and transforming large federally funded human service programs that help Georgians enter and excel in the workforce. Tim is well versed in human capital management, strategic planning, project management, and program execution, and will assist clients in meeting key goals around strategic planning, organizational transformation and reducing operational costs in government.

Governmental Advisory Services Practice Leader David Roberts welcomes Tim as a valuable addition to the practice group. “Tim’s intimate knowledge of government operations and people management serves as an invaluable resource to our Practice as we continue to positively transform government operations” he says. “Tim brings the necessary people skills and change management experience that are critical to achieving successful transformation goals.”

To learn more about Tim Evans or Mauldin & Jenkins’ Governmental Services practice, please visit the Mauldin & Jenkins website at www.mjcpa.com.

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Georgia Reports Record Unemployment Rates Across State

The Georgia Department of Labor (GDOL) announced today that April’s unemployment numbers for Georgia’s Metropolitan Statistical Areas (MSAs), regions, and counties are at a reported all-time high across all categories. Regional commissions reportedunemployment rates at all-time highs in Atlanta, Coastal Georgia, GA Mountains, Northeast GA, Northwest GA, River Valley and Three Rivers, with Coastal Georgia topping out at 14 percent. Georgia county unemployment documented record highs with the highest unemployment rates in Whitfield County at 20.6 percent, Murray County at 20.1 percent, Clay County at 18.1 percent, Chattooga County at 17.1 percent, Glynn County at 17.0 percent, Chatham County at 16.4 percent, Clayton County at 16.0 percent, Meriwether County at 15.8 percent, Troup County at 15.4 percent, and Heard County at 15.1 percent.

“We are seeing all-time high unemployment rates across a majority of the state,” said Commissioner Mark Butler. “We are continuing to work with employers on effective strategies to get Georgians back to work in both a safe and economically efficient way.”  

Weekly regular UI initial claims totaled 165,499, down 12,000 over the previous week. Of the weekly total, 112,910 (69%) were employer filed claims. Initial claims have declined three of the last four weeks. Payments over last week totaled $159,501,356 in regular weekly unemployment benefits, down $28 million over the prior week.  This is the first decline in weekly benefits paid since week ending March 21. Since that date, over $1.087 billion has been paid in regular UI benefits, more than the last three years combined ($923 million).  

The number of initial unemployment claims filed throughout the United States was 2.1 million last week, a decrease of 323,000 from the previous week. 

Over the past ten weeks, the sectors with the most regular UI initial claims processed included Accommodation and Food Services, 563,631, Health Care and Social Assistance, 254,406, Retail Trade, 252,688, Administrative and Support Services, 179,089, and Manufacturing, 164,735.  

Last week, the GDOL issued over $56 million in Pandemic Unemployment Assistance (PUA) payments to individuals who are self-employed, gig workers, 1099 independent contractors, employees of churches, employees of non-profits, or those with limited work history who do not qualify for state unemployment benefits. From week ending 3/21/2020 through 5/23/2020, 148,190 PUA claims have been processed and are eligible for payment.  

In addition, the total federal funds issued for the Federal Pandemic Unemployment Compensation program, or FPUC, totaled over $495 million last week. Over the past ten weeks, the GDOL has issued almost $2.6 billion in FPUC federal funds. FPUC provides an additional $600 weekly payment to any individual eligible for any of the unemployment compensation programs – state and federal. 

As of May 26, the Georgia Unemployment Insurance Trust Fund Balance was $1,657,754,330, down $890 million, or 35 percent, from the balance of $2,547,476,454 on March 24.   

With the increased volume of claims processed, the GDOL is increasing its safeguards against unemployment fraud.  The agency has implemented several levels of security to battle the “bad actors” including multiagency identity verification, quarterly wage verification with employers to prevent unauthorized unemployment benefits, and internal system defenses to protect personal identifiable information.   

“We are being challenged to pay millions of Georgians in unemployment benefits as quickly as possible while also being expected to verify eligibility,” said Commissioner Butler. “We are relying on our partnerships with state agencies to assist us in meeting this demand accurately and expeditiously.”

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Georgia State Introduces Graduate Certificates in AI Innovation, Disruptive Innovation and Entrepreneurship, and Fintech Innovation

Georgia State University’s Robinson College of Business will introduce three stand-alone graduate certificates in fall 2020 to address current and emerging market demand for innovation.

Credits earned in the certificate programs can potentially be applied to Robinson’s part-time MBA and select master’s degree programs.

The four-course, two-semester certificates in artificial intelligence innovation, disruptive innovation and entrepreneurship, and fintech innovation were developed in consultation with executives from Anthem, AT&T, The Coca-Cola Company, The Home Depot, NCR, State Farm and VMware, among others. Students take the courses virtually through Robinson Anywhere, the most advanced digital teaching platform in the South. Each certificate consists of 12 credit hours and includes three required courses and one elective. 

The programs share a required first-semester course, Innovation Studio, in which students learn to apply design thinking systems and lean startup methodologies to approach and solve problems. Working in interdisciplinary teams, they conduct interviews and experiments, and test prototypes to verify the viability of new technologies, business models, products, services and potential business ventures. They also become comfortable with ambiguity, experimentation and online collaboration. 

“Profound digital transformation and revolutionary technologies are affecting business and society. Knowledge about these changes is critical to ensure today’s business leaders succeed in this rapidly changing landscape,” said Richard Phillips, dean of the Robinson College. “But knowing is not the same as doing. Individuals must demonstrate the ability to apply these technologies.” 

“The Innovation Studio is central to these certificate offerings,” said Brian Jennings, associate dean for graduate programs and executive education. “It provides a creative, experimental environment where students build skills such as critical thinking, emotional intelligence, social influence and communication. This is a prime example of the college’s vision, ‘No one gets closer to business than Robinson.’”

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China Economic Forecast 2020

China Economic Forecast 2020

China Economic Forecast 2020 2021 China’s once robust economic machine which doubled its size in the past decade, is facing severe headwinds as we pass through mid 2020. In fact, China looks like it’s heading for a crash. Of course, no one wants a global recession but in fact, the Corona Virus has actually done…

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How to Start a Real Estate Investing Business in 5 Easy Steps

How to Start a Real Estate Investing Business in 5 Easy StepsAre you thinking of starting a real estate investing business? Then you’ve come to the right place. In this article we will show you the 5 steps to getting into…
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How to Calculate NOI for Real Estate Investments

How to Calculate NOI for Real Estate InvestmentsKnowing how to evaluate rental properties is a must for real estate investors. The amount of profit that properties can potentially generate is key to choosing a real estate investment.…
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Renting Out a House on Airbnb: 8 Things to Know

Renting Out a House on Airbnb: 8 Things to KnowWith more than 7 million listings in over 220 countries and regions, Airbnb has grown tremendously since its launch in 2008. More and more people are jumping on board and…
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Signs the Economy has Started its Turnaround

Signs the Economy has Started its Turnaround

Is the Post Pandemic Economic Recovery Underway? As we approach June, the final month of the 2nd quarter, is it too early to speak about the economic recovery? The optimism of the stock market could help encourage more companies to resume business and for more employees to earn a pay check again. Earning a pay…

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Gov. Kemp extends public health emergency, but bars, nightclubs, summer school can open

Gov. Brian Kemp speaks at the State Capitol on May 28.

Gov. Brian Kemp announced this afternoon, May 28, that while he was renewing Georgia’s public health state of emergency for a third time to July 12, he would allow bars/nightclubs to reopen, summer school to convene, and loosen restrictions on social gatherings.

Kemp said “encouraging data” on COVID-19 cases prompted his decision to allow social gatherings of 25 people beginning June 1 if they follow social distancing guidelines. The governor said this decision would, hopefully, allow for small weddings and some sporting events to be held.

Also on June 1, bars and nightclubs can reopen if they follow 39 mandatory measures to “ensure patron well-being.” Nightspots will be limited to 25 people at a time or 35 percent of their total occupancy space.

Kemp said live performance venues will remain closed for now, but that his administration is working with operators to “prepare for the future.”

School districts can hold summer school classes starting in June, but must follow a set of criteria to be released in an executive order.

As of May 31, overnight summer camps will be permitted and banquet facilities can reopen if they follow similar guidelines for restaurants. Amusement parks and water parks can reopen on June 12.

Professional and amateur sports teams can resume practice on June 1, but Kemp said there was still no date for allowing games with fans in attendance.

Kemp said the shelter-in-place order for those 65 and older and the medically fragile would continue until June 20.

The governor’s loosening of restrictions comes as the number of COVID-19 cases has risen. According to a report in the AJC,  week to week cases of COVID-19 in Georgia increased  26 percent for the seven days ending May 24.

As of the afternoon of May 28, the number of confirmed cases in Georgia topped 45,000 and the death toll stands at 1,962.

The post Gov. Kemp extends public health emergency, but bars, nightclubs, summer school can open appeared first on Atlanta INtown Paper.

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Coronavirus Update – May 28: Mayor to testify before Congress; Pence returns; CVS testing; Well-Being Georgia launches

Atlanta Mayor Keisha Lance Bottoms will testify about the impact of COVID-19 on the city before a U.S. Congressional subcommittee on Friday, May 28. According to AJC, the noon hearing will focus on the need for more healthcare equipment, testing, tracing, containment plans, and economic hardships.

Also on Friday, Vice President Mike Pence will make his second visit to Georgia in a week to attend the funeral of evangelist Ravi Zacharias and meet with small business owners impacted by COVID-19.

CVS Health has opened 23 additional COVID-19 test sites at select CVS Pharmacy drive-thru locations across Georgia. A complete list of the testing sites can be found at this link.

Sharecare has entered a partnership with Augusta University and AU Health to support Gov. Brian Kemp’s efforts to bolster testing, and keep Georgians informed with localized updates and resources for COVID-19 through Well-Being Georgia. The site includes a directory of testing sites, interactive map of confirmed cases, access to AU’s telehealth service, guidance on latest local policies, and other tools to to manage personal well-being.

The post Coronavirus Update – May 28: Mayor to testify before Congress; Pence returns; CVS testing; Well-Being Georgia launches appeared first on Atlanta INtown Paper.