News
NC saw influx of small businesses during the pandemic
North Carolina benefitted from the COVID-19 pandemic in terms of small business migration. That’s according to a new Bureau of Labor Statistics report.
News
State’s solid economy means better rebound, post-pandemic
The COVID-19 pandemic has thrown a huge blow at the economies of many states, with North Carolina falling about the middle of the pack; better than most, but worse than others. In a recent report from the U.S. Bureau of Labor Statistics, Illinois, for example, has only recovered 70% of jobs the state lost during...
News
Lockdowns and suppressions: COVID-19 continues to disrupt government, jobs, lives
When the calendar flipped from 2020 to 2021, some breathed a sigh of relief. The advent of COVID-19 and the associated pandemic policies were a whirlwind of emergency measures that threw the state, nation, and world into disarray. What has transpired over the first half of this year could well be considered the aftermath, even...
News
COVID restrictions clobber N.C. jobs; little improvement expected until 2022
North Carolina’s heavy-fisted response to the coronavirus pandemic has resulted in a delayed economic recovery, reports from state and national economists show. Things won’t speed up for a while. The latest projections call for relatively high unemployment through next year. School closures and business restrictions led to an “unprecedented drop in economic activity,” says the...
Opinion
National unemployment rate reaches more than 19%
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...
