Kemp touts record year of jobs, buoyed by electric vehicle factories

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These projects are expected to go live in late 2024 and 2025, respectively.

Kemp said even without the Rivian and Hyundai projects, the state would still have set a job record in the past year.

Abrams credited Democrats, particularly Senators Jon Ossoff and Raphael Warnock, for laying the groundwork for businesses to come to Georgia, and she criticized the billion-dollar state-backed incentive packages used. to seal the two electric vehicle factory agreements.

“Listen to me clearly, we don’t have to raise taxes,” Abrams said Wednesday of his platform. “All we have to do is raise our expectations of those who lead us.”

Abrams also criticized Kemp for controversial abortion and gun laws that she says will hurt Georgia economically.

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Kemp took jabs at his opponent and the Democratic-led Congress throughout his speech. He criticized the Inflation Reduction Act, which the US Senate passed last weekend. He said it would raise taxes and further hurt high inflation, which he has repeatedly blamed on President Joe Biden.

Democrats said the bill would help fight climate change, lower the cost of prescription drugs, reduce the deficit and create millions of jobs.

“If anyone wants to suggest that we don’t provide jobs and opportunities to everyone in the state, they should get the facts straight before commenting on things they just don’t understand,” said Kemp. “Numbers are not like politicians, they don’t lie.”

Georgia once again broke a record for direct spending by television and film producers in the fiscal year ending June 30, 2022, reaching $4.4 billion, according to Georgia’s Ministry of Economic Development.

Georgia also has an unemployment rate below 3% for the first time in state history.

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A disclosure note

Cox Enterprises, which owns AJC, has an approximate 4% stake in Rivian and provides services to it. Sandy Schwartz, a Cox executive who oversees AJC, is on Rivian’s board of directors and personally owns stock. He does not participate in AJC’s coverage of Rivian.

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