Carolina economy adding few jobs
Whatever the explanation, our present reality is a growing NC economy with surprisingly anemic rate of net new jobs. Policymakers, please take note.
Manufacturing in NC lost 7,200 jobs over the past year, a 1.6% decrease. The only other job sector to report losses was the information category, down 700 jobs.
NC’s unemployment rate has been unchanged for the last year, holding steady at 3.7%, even as the national average has ticked up.
RALEIGH — Newly revised employment data show that 2013 was the strongest year for job growth in North Carolina since the Great Recession. Those numbers contradict liberal arguments about the impact of policies adopted by the conservative-led General Assembly, according to new analysis from the John Locke Foundation’s president.
Manipulation of federal employment data leads to misstatements about job gains and losses.
A Republican takeover of the General Assembly has sparked the Left’s interest in the annual “disappearance” of government jobs in summer months.