economic incentives

Alabama lawmakers advanced legislation that would provide state tax breaks to businesses that help their employees afford childcare.

The United States Bureau of Labor and Statistics reports a strong job market this year, with about 353,000 jobs added so far in 2024 and a stable unemployment rate of 3.7%. This might be why cities nationwide are seizing the opportunity to attract job seekers to their area with special relocation perks for remote workers and new residents. An Associated Press analysis shows Muscle Shoals is among the communities making offers.

Entrepreneurship is on the rise in Alabama, especially among the Black community, Gen-Z, Millennials and women. That’s according to an analysis of websites registered with a popular web hosting platform.

Alabama Governor Kay Ivey has signed a package of economic development bills into law, acting shortly after lawmakers gave the legislation final approval. The new laws reauthorize and expand the tax breaks used by Alabama to lure new industries.

City leaders in Tuscaloosa are focusing on encouraging more development on the city’s west side and in other parts of the community.The Tuscaloosa News…