The Alabama Innovation Corp. issued its first wave of grants to support small businesses statewide and three of the 30 companies that received money are located in Tuscaloosa.
Job growth in May beat economists' expectations, coming in at 175,000 new positions added, which aligns closely with the yearly average. The unemployment rate rose ever so slightly, from 7.5 percent to 7.6 percent, a result of more people entering the work force, according to the Labor Department.