Nate McCullough | News Editor
770-718-3431 | news@gainesvilletimes.com
The Times, Gainesville, Georgia
Weekend Edition - June 20-21,2020
BUSINESS
Hospitality
industry had
73% jobless
BY JEFF GILL
jgill@gainesvilletimes.com
The unemployment rate was 73% for
those working in Hall County’s hospitality
industry in April, or at the height of the shut
down due to the COVID-19 pandemic.
“That was a devastating impact to our
workforce in the community,” Stacey Dick
son, Lake Lanier Convention & Visitors
Bureau president, said Wednesday, June 17,
during a tourism webinar sponsored by the
Greater Hall Chamber of Commerce.
In comparison, the overall unemploy
ment rate in Hall was 10.6% in April, an
all-time high, according to the Georgia
Department of Labor.
Hall’s jobless numbers in May will be
released later this month.
“The good news is that, as businesses
have been able to reopen, (the jobless) fig
ure is more in the 25% range, so we are
definitely rebounding,” Dickson said. “And
hopefully, our businesses and our patrons
will respect the guidelines that have been
set forth... in order to be able to stay open.
“Just because we’re emotionally tired of
the pandemic doesn’t mean it’s gone. The
more our local businesses are able to adapt
and adhere to the restrictions, the fewer
closures we’ll have to go through later.”
The CVB is working with businesses on
such tasks as putting in social distancing
signs.
“We’ve made 400 masks for front desk
workers, housekeepers and others on the
front lines in tourism, and all that is to be
able to help our businesses stay open and be
vital during this transition time,” Dickson
said.
There are some bright spots in the tourism
economy, including talk of a federal tax credit
for Americans taking vacations, she said.
Otherwise, people are looking for trips
closer to home.
“Even in the midst of this depression situ
ation, destinations like Lake Lanier are feel
ing a kind of (boost),” Dickson said. “Our
inquiries for information about travel have
never been higher. The pent-up demand ...
is so high for travel that now we’re having
to figure out how to respond to that and help
connect the dots for people.”
PEEK INSIDE THE NEW NGHS MEDICAL PARK 2
Photos by SCOTT ROGERS I The Times
The Northeast Georgia Health System’s new Medical Park 2 is open on Tuesday, June 16. The 72,000-square-foot medical office
building is home to several Northeast Georgia Physicians Group practices, including some that will incorporate resident physicians
and a new retail pharmacy.
A patient treatment room is open Tuesday, June 16, inside the new
Medical Park 2.
Radiology coordinator Jessica Roberts shows off an X-ray
room inside the new Medical Park 2.
Georgia unemployment rate shows improvement in May
BY JEFF GILL
jgill@gainesvilletimes.com
Georgia’s preliminary May jobless rate is
9.7%, dropping from April’s 12.6%, accord
ing to the Georgia Department of Labor.
The number of those working was up 144,877
over April, but down 480,592 compared to this
time last year, and totals 4.4 million, the depart
ment said in a news release Thursday, June 18.
“I think we are going to continue to see big
drops in the unemployment rate as Georgia
continues to open back up,” Commissioner
Mark Butler said. “We have to remember
that the recent unemployment was not
caused by an economic catalyst, but instead
by a medical emergency. Those jobs are still
out there for the most part.”
The Hall County area’s unemployment rate
for May was not available Thursday. The job
less rate hit 10.6% in April, an all-time high.
In April 2019, Hall’s jobless rate was 2.6%.
Hall’s jobless rate increased by more than
7 percentage points between March and
April 2020, during widespread business shut
downs due to the COVID-19 pandemic. The
rate in March was 3.4%, according to the
labor department.
“I think as Georgia starts to reopen, we’ve
got to really take a look at where the perma
nent job losses are going to be,” Butler said.
“Through our strategic partnerships, we can
help match those individuals who may have
lost their job to the many job openings currently
available, even if that takes some retraining.”
More than 95,000 jobs are listed online at
EmployGeorgia.com. The department says
it offers online resources for finding a job,
building a resume and helping with other
reemployment needs.
Jackson EMC resuming disconnections due to unpaid bill
s
BY NATHAN BERG
nberg@gainesvilletimes.com
Jackson EMC will soon resume
disconnecting services when bills are
not paid.
The membership-owned electric
cooperative suspended disconnects
March 16 but will resume July 15.
Members who are still unable to pay
their bills are encouraged to contact
Jackson EMC by July 10 to avoid
disconnection.
April Sorrow, director of public
relations and communication for
Jackson EMC, said the organization
would work with its members strug
gling to make payments.
“Our goal is to keep electricity
running to everyone’s homes,” she
said. “We’ve grown accustomed to
a lifestyle that really requires elec
tricity, so that’s always our goal. Our
customer service representatives are
here to help work on those situations
on a case-by-case basis.”
Sorrow said all situations are dif
ferent and Jackson EMC would offer
options to those who need them.
Sorrow said in some cases, Jackson
EMC would be open to allowing mem
bers to “pay a little bit now and then a
little bit later. ” She also said there are
many organizations in Hall County
that are offering financial help to
keep the power on, including the Divi
sion of Family and Children Services,
the Salvation Army and United Way.
“We’ve been working with mem
bers as they reach out to us to discuss
their situation,” she said. “Working
with them on making sure they can
keep power running to their homes
and that they can make payments in
a way that best works for them.”
How to get help
Organizations providing financial help to those struggling
to pay utility bills in Hall County:
■ Division of Family and Children Services:
770-532-5298
■ Low Income Home Energy Assistance Program:
866-674-6327
■ Ninth District Heat/Cooling Assistance: 855-636-3108
■ Partnership Against Domestic Violence: 404-873-1766
■ Salvation Army: 770-534-7589
■ First Baptist Church: 770-534-7354
■ St. Vincent DePaul: 678-892-6163
■ United Way: 706-353-1313
The Market in Review
Stock Exchange Highlights
1
NYSE
11,980.12 -92.48
A Nasdaq
9,946.12 +3.07
Gainers ($2 OR MORE)
Name Last Chg %Chg
TortAcq 14.04
RayAdvM 2.87
ChiRap rs 2.65
NescoHId 4.22
GpSuprvi 2.28
Diebold 5.97
Cryolite 18.89
LeafGrp 3.06
HarmonyG 3.28
Tsakos 2.31
+3.82 +37.4
+.42 +17.1
+.32 +13.7
+.47 +12.5
+.21 +10.1
+.53 +9.7
+1.51 +8.7
+.24 +8.5
+.25 +8.3
+.17 +7.9
Gainers ($2 OR MORE)
Name Last Chg %Chg
Losers (S2
Name Last
OR MORE)
Chg %Chg
AshfHT pfF 8.13
AshfrdH pfH 8.03
AshfrdH pfl 8.02
AshfrHpfG 8.12
AshfrdpfD 12.56
GrayTvA 11.46
Ampco 3.26
AtHomGr 6.90
Prmian 3.33
SJuanB 2.48
-2.19
-1.96
-1.91
-1.62
-2.44
-1.93
-.54
-.87
-.41
-.29
■21.2
■19.6
■19.2
■16.6
■16.2
■14.4
■14.2
-11.2
-11.0
■10.6
Most Active
($1 OR MORE)
Name Vol (00) Last Chg
FordM 1254871
BkofAm 1248307
GenElec 885351
CallonPet 796577
NorwCruis 782577
AT&T Inc 748345
WellsFargo 718823
OcciPet 701676
Boeing 670628
SwstnEngy 558823
6.23 -.10
25.25 +.21
7.15 -.13
1.38 -.12
18.22 -1.09
30.31 -.04
27.60 +.05
19.71 +.04
187.02 -5.27
2.75 -.21
Diary
Advanced
Declined
Unchanged
Total issues
New Highs
New Lows
Volume
868
1,736
75
2,679
43
4
7,976,990,756
BrdwyFn h 3.31
UrbanOne 36.30
BeasleyB 3.86
9F Inc n 8.41
Franchise n 24.65
CelldexT 13.41
AldHIPrd 12.26
OceanBio 8.85
StrgbrBio 4.40
CmstkH 2.99
+1.61
+11.30
+1.20
+2.37
+5.89
+3.03
+2.38
+1.61
+.80
+.54
+94.7
+45.2
+44.9
+39.1
+31.4
+29.2
+24.1
+22.2
+22.2
+22.0
Losers ($2
Name Last
OR MORE)
Chg %Chg
Beyondsp 13.55
AyalaPh n 10.67
GordPunh 13.47
Euros hrs 2.74
ASoftlf 17.05
RexahnPh rs2.98
NorSys 3.91
DuosTch n 4.74
EpsilonE 2.85
Tech Com If 3.90
-3.05 -18.4
-2.37 -18.2
-2.60 -16.2
-.50 -15.4
-3.01 -15.0
-.52 -14.9
-.68 -14.7
-.81 -14.6
-.46 -13.9
-.59 -13.1
Most Active ($1 0R more)
' Vol (00) Last Chg
Name
BrdwyFn h1710766 3.31
UtdAirlHI 1005441 36.84
AmAirlines 918196 16.00
UrbanOn h 724509 4.15
Apple Inc 652912 349.72
Intel 603340 59.62
AMD 527709 54.23
Ideanom h 503359 2.22
GeniusBr h491972 2.94
DraftKin n 462493 42.00
+1.61
-2.50
-.49
+.52
-2.01
-.46
+.19
+.16
+.15
+1.16
Diary
Advanced
Declined
Unchanged
Total issues
New Highs
New Lows
Volume
1,401
1,642
121
3,164
153
8
5,919,761,899
Stocks of Local Interest
Name Ex Div Yld PE Last
YTD
Chg %Chg
AFLAC
1.12
3.1
11
36.60
-.51 -30.8
HomeDp
6.00
2.4
25
246.65
-2.56 +12.9
AT&T Inc
2.08
6.9
15
30.31
-.04 -22.4
Ideanom h
2.22
+.16 +159.3
AbbottLab
1.44
1.6
48
90.68
+.40 +4.4
Intel
1.32
2.2
20
59.62
-.46
-.4
AMD
54.23
+.19 +18.3
IBM
6.52
5.4
13
122.47
-1.69
-8.6
Altria
3.36
8.3
13
40.69
-.78 -18.5
JohnJn
4.04
2.8
24
143.83
+.42
-1.4
AmAirlines
.40
2.5
5
16.00
-.49 -44.2
Lowes
2.20
1.6
30
133.83
-.72 +11.7
Apple Inc
3.28
.9
32
349.72
-2.01 +19.1
Macys
2
6.88
-.41 -59.5
ATMOS
2.30
2.3
19
99.72
-1.73 -10.9
McDnlds
5.00
2.7
28
186.56
-2.93
-5.6
AutoZone
201130.60
-9.46
-5.1
Merck
2.44
3.1
29
77.90
+1.68 -14.3
AveryD
2.32
2.0
33
114.52
-1.95 -12.5
Microsoft
2.04
1.0
38
195.15
-1.17 +23.7
BP PLC
2.46 10.4
7
23.67
-.02 -37.3
NwGold g
1.12
+.01 +27.3
BkofAm
.72
2.9
9
25.25
+.21 -28.3
NorflkSo
3.76
2.2
18
170.26
-4.12 -12.3
Biocept h
.87
-.08 +203.8
NorwCruis
4
18.22
-1.09 -68.8
Boeing
17
187.02
-5.27 -42.6
OasisPet
.00
-.11 -69.4
BrMySq
1.80
3.2
19
56.41
+.44 -12.1
OcciPet
.04
.2
15
19.71
+.04 -52.2
BrdwyFn h
4
3.31
+1.61 +114.9
OfficeDpt
.10
4.3
7
2.30
-.12 -16.1
CSX
1.04
1.5
16
67.99
-1.48
-6.0
PepsiCo
4.09
3.1
15
131.28
-1.50 -3.9
CallonPet
3
1.38
-.12 -71.4
Pfizer
1.52
4.5
13
33.42
+.18 -14.7
CampSp
1.40
2.8
18
49.14
+.09
-.6
PhilipMor
4.68
6.5
15
72.20
-1.23 -15.1
Carnival
4
17.83
-.99 -64.9
Primerica
1.60
1.4
14
118.10
+1.04
-9.5
Caterpillar
4.12
3.2
12
127.46
-.13 -13.7
ProctGam
3.16
2.7
27
118.92
-.36 -4.8
Chevron
5.16
5.7
13
90.63
-1.31 -24.8
RegionsFn
.62
5.2
9
12.00
-.36 -30.1
Cisco
1.44
3.2
18
45.32
-.51 -4.8
SeanrM h
.19
+.00 -64.5
Citigroup
2.04
3.9
7
52.92
-.12 -33.8
SouthnCo
2.50
4.7
25
53.61
-2.50 -15.8
CocaCola
1.64
3.6
28
46.02
-.97 -16.9
SwstnEngy
3
2.75
-.21 +13.6
ConAgra
.85
2.5
22
33.55
-.69
-2.0
SynovusFn 1.32
6.0
6
21.99
-.12 -43.9
Cummins
5.24
3.0
49
174.29
+3.06
-2.6
TOP Sh rs
.15
-.00 -81.1
DeltaAir
4
29.51
-1.28 -49.5
3M Co
5.88
3.7
22
158.15
-1.06 -10.4
DenburyR
.38
-.04 -73.0
TruistFn
1.80
4.6
10
39.34
-1.16 -30.1
Disney
1.76
1.5
15
114.35
-4.02 -20.9
Tyson
1.68
2.7
11
63.22
-.80 -30.6
Dupont
1.20
2.3
6
52.60
+.02 -18.1
UtdAirlHI
4
36.84
-2.50 -58.2
Equifax
1.56
.9
29
167.90
-2.94 +19.8
UtdCmBks
.72
3.6
12
19.94
-.03 -35.4
ExxonMbl
3.48
7.6
11
45.98
-.94 -34.1
UPS B
4.04
3.7
18
107.77
+.19 -7.9
FordM
5
6.23
-.10 -33.0
UrbanOn h
4.15
+.52 +118.4
GenElec
.04
.6
7.15
-.13 -35.9
Vereit
.31
4.5
6.78
-.20 -26.6
GeniusBr h
2.94
+.15 +976.9
VerizonCm
2.46
4.4
13
56.16
-.73
-8.5
GenuPrt
3.16
3.6
16
87.58
-.66 -17.6
Vodafone
.97
6.2
15.65
-.20 -19.0
GlbeLife
.75
1.0
6
76.20
-.44 -27.5
WalMart
2.16
1.8
69
119.85
+1.86 +.8
HP Inc
.48
2.9
5
16.78
-.14 -18.3
WeisMk
1.24
2.7
11
46.56
-1.37 +15.0
Haverty
.60
3.7
17
16.15
-.38 -19.9
WellsFargo 2.04
7.4
6
27.60
+.05 -48.7
Hershey
3.09
2.4
28
129.45
-3.09 -11.9
YumBrnds
1.88
2.1
32
88.26
-1.87 -12.4
Name Ex Div Yld PE Last
YTD
Chg %Chg
Stock Footnotes: g = Dividends and earnings in Canadian dollars, h = Does not meet continued-listing standards. If = Late filing
with SEC. n = New in past 52 weeks, pf = Preferred, rs = Stock has undergone a reverse stock split of at least 50 percent within the
past year, rt = Right to buy security at a specified price, s = Stock has split by at least 20 percent within the last year, un = Units, vj
= In bankruptcy or receivership, wd = When distributed, wi = When issued, wt = Warrants. Fund Footnotes: m - Multiple fees are
charged, usually a marketing fee and either a sales or redemption fee. Source: The Associated Press. Sales figures are unofficial.
Stock Market Indexes
Dow Jones industrials
Close: 25,871.46
Change: -208.64 (-0.8%)
30,000
27,000
24,000
21,000
27,600
26,220
24,840 10 DAYS
D J
F
M
A
M
J
52-Week
Net
YTD
12-mo
High
Low
Name
Last
Chg
%Chg
%Chg
%Chg
29,568.57
18,213.65
Dow Industrials
25,871.46
-208.64
-.80
-9.35
-3.17
11,359.49
6,481.20
Dow Transportation
9,077.75
-129.88
-1.41
-16.73
-12.31
963.80
593.52
Dow Utilities
770.61
-28.13
-3.52
-12.35
-6.74
14,183.26
8,664.94
NYSE Composite
11,980.12
-92.48
-.77
-13.89
-8.18
10,086.89
6,631.42
Nasdaq Composite
9,946.12
+3.07
+.03
+10.85
+23.84
1,522.26
1,015.63
S&P 100
1,422.04
-5.74
-.40
-1.40
+9.02
3,393.52
2,191.86
S&P 500
3,097.74
-17.60
-.56
-4.12
+4.99
2,109.43
1,181.96
S&P MidCap
1,784.72
-8.09
-.45
-13.49
-7.44
34,616.78
21,955.54
Wilshire 5000
31,612.05
-160.46
-.51
-3.88
+4.25
1,715.08
966.22
Russell 2000
1,418.63
-8.45
-.59
-14.97
-8.45
Mutual Funds
Name
Total Assets
Obj (SMIns) NAV
Total Return/Rank
4-wk 12-mo 5-year
Pet
Load
Min Init
Invt
Vanguard 500ldxAdmrl
LB
299,309
287.24
+6.2
+7.9/A
+10.2/A
NL
3,000
Vanguard TtlSMIdxAdmrl
LB
232,797
76.88
+6.2
+7.8
+9.5
NL
3,000
Fidelity 500ldxlnsPrm
LB
224,218
107.83
+6.2
+8.0/A
+10.2/A
NL
0
Vanguard TtlnSIdxInv x
FB
150,224
15.86
+9.2
-2.8/C
+2.1/B
NL
0
Vanguard TtlSMIdxIns
LB
149,008
76.89
+6.2
+7.8
+9.5
NL
5,000,000
Vanguard TtlSMIdxInv
LB
131,886
76.84
+6.2
+7.6
+9.4
NL
3,000
Vanguard InsIdxInsPlus
LB
118,148
277.60
+6.2
+8.0/A
+10.2/A
NL 100,000,000
Vanguard TtlnSIdxInsPlus
x FB
116,373
106.07
+9.2
-2.8/C
+2.2/B
NL 100,000,000
Vanguard TtBMIdxAdmrl
Cl
113,933
11.60
+1.2
+9.2/B
+4.2/A
NL
3,000
Vanguard Insldxlns
LB
105,846
277.58
+6.2
+8.0/A
+10.2/A
NL
5,000,000
Fidelity Contrafund
LG
96,377
14.83
+6.4+17.6/C
+13.5/B
NL
0
Amer. Fnds GrfAmrcA m
LG
95,293
54.59
+6.8+16.9/C
+12.3/C
5.75
250
Cl -Intermediate-Term Bond, FB -Foreign Large Blend, IH -World Allocation, LB -Large Blend, LG -Large Growth,
LV -Large Value, MA-Moderate Allocation, WS -World Stock, Total Return: Chng in NAV with dividends reinvest
ed. Rank: How fund performed vs. others with same objective: A is in top 20%, E in bottom 20%. Min Init Invt:
Minimum $ needed to invest in fund. Source: Morningstar.
