Latest news with #FolaAkinnibi
Bloomberg
5 days ago
- Business
- Bloomberg
Tulsa's Economy Reaps Benefit of Remote Worker Program
For every dollar Tulsa spent to pay remote workers to move there, the Oklahoma city generated $4.31 in local economic benefits — more than double the return ratio of traditional incentive programs aimed at attracting large employers. That's according to a new study on Tulsa Remote, one of the first and largest programs in the US to lure new residents with financial incentives. Since 2018, more than 3,400 people have received $10,000 to relocate through Tulsa Remote, the majority of whom still live in the city today. Adding these new workers has boosted incomes for existing residents and created new jobs, while also building Tulsa's tax base, the study found. Fola Akinnibi and I look at what made the program work, and how the study's finding can be instructive for other cities. Today on CityLab: The Economic Benefits of Paying Workers to Move
Bloomberg
15-05-2025
- Business
- Bloomberg
Big Take: The Small Towns Addicted to ICE
Like a growing number of US communities, Torrance County, New Mexico, is convinced its financial survival depends on locking immigrants up. A lucrative ICE contract keeps a private detention facility open that local politicians say the area needs. On today's Big Take podcast, Bloomberg reporters Rachel Adams-Heard and Fola Akinnibi examine how these private facilities are becoming key to the US government's immigration crackdown – and the financial incentives making it harder for small communities to quit them.
