NC unemployment rate hits record low. These 5 counties have the highest rates:
According to the latest report from the N.C. Department of Commerce, North Carolina has a 3.3% unemployment rate, the lowest in decades.
Nearly 60,000 North Carolinians never re-entered the labor force after the Covid shutdowns.
North Carolina’s labor-force participation rate was 59.3% in November. Two years ago, in November 2019, that rate was 61.5%.
I have my own views about North Carolina’s labor-market woes, but the first step to debating the issue well is to agree on the basic scope of the problem.
We should all take reasonable precautions, absolutely. But keeping schools, public venues, and large swaths of our economy closed or severely constrained indefinitely strikes me as the opposite of reasonable.
The U.S. Bureau of Labor Statistics released “The Employment Situation — April 2020” Friday stating the seasonally adjusted national unemployment rate was 14.7%. But on page three of the report, the agency explains that due to the unique nature of the coronavirus, “the overall unemployment rate would have been almost 5 percentage points higher than...
At its peak in 2010, the unemployment rate in the Hickory-Morganton-Lenoir metropolitan area hit 15.3 percent, the highest in modern North Carolina history. Now the region has one of the state's most acute labor shortages.
RALEIGH — Democratic Gov. Roy Cooper sought common ground during his first State of the State address to the Republican-controlled General Assembly on Monday night. While the governor’s 37-and-a-half-minute speech asked lawmakers for cooperation with his plans to improve education, recruit jobs, fight the opioid crisis, and help those still affected by Hurricane Matthew, Republicans used their...
During the Great Recession and its immediate aftermath, North Carolina greatly exceeded the national average in unemployment and underemployment. Now, we don’t.
From mid-2013 to mid-2016, North Carolina’s underemployment rate fell by 5.4 percentage points — the largest labor-market improvement in the Southeast.
While North Carolina’s unemployment rate currently stands at just under 6 percent, some argue that problems in the state’s labor market are worse than that one statistic would indicate.
Now that North Carolina’s “headline” unemployment statistic has ticked up for several months, the same liberals who once treated it as misleading are now citing it authoritatively.