News Briefs: Alfredo’s closing; unemployment rate; hotel renovation; Super Bowl tickets

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Iconic Italian restaurant Alfredo’s will close its doors on Cheshire Bridge Road after more than 40 years on April 25. In a Facebook posting, the restaurant says its completely booked until closing and they are looking for a new location. The restaurant is closing to make way for a new mixed-use development.

Metro Atlanta’s unemployment rate has dropped to 5.2 percent, a slight drop from 5.3 as reported in February, according to statistics released Thursday from the Georgia Department of Labor.

Atlanta-based Peachtree Hotel Group has acquired the 260-room Holiday Inn Atlanta Downtown Centennial Park and plans to renovate and reflag the property as an AC Hotel by Marriott, according to a report from Atlanta Business Chronicle.

Gov. Nathan Deal
Gov. Nathan Deal

If Atlanta is chosen to host a Super Bowl, fans buying tickets won’t pay state sales tax under new law. According to a report at WSB, Gov. Nathan Deal signed the measure on Thursday. He and Atlanta Mayor Kasim Reed have been among the proposal’s biggest supporters as the city bids for either the 2019 or 2020 game.

 

 

2 Comments
  1. The unemployment rate cited by authorities (5.2) is extremely deceiving as it does not take into consideration hundreds of thousands of people who are not drawing unemployment benefits either because their benefits have run out or they do not qualify because they might have worked for religious organizations that were exempted from paying unemployment tax.

    The 5.2 only accounts for those drawing unemployment benefits.

    There are also hundreds of thousands of people who are underemployed–those having to work part-time because there are no full-time positions available or because they have been disregarded as applicants because of their age.

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