Recent Posts
NC jobless rate was 3.7% in February
March 28. The state’s seasonally adjusted February 2025 unemployment rate was 3.7 percent, unchanged from January’s revised rate. The national rate increased 0.1 of a percentage point to 4.1 percent. North Carolina’s unemployment rate increased 0.2 of a percentage point from a year ago. The number of people employed increased 3,448 over the month to […]
Mecklenburg jobless rate at 4%
March 24. Unemployment rates increased in 99 counties in January 2025 and remained unchanged in one. Hyde County had the highest unemployment rate at 8.3 percent while Camden County had the lowest at 3.0 percent. All fifteen of the state’s metro areas experienced rate increases. Among the metro areas, Asheville had the highest rate at […]
NC jobless rate unchanged at 3.7% in January compared to December
March 18. The state’s unemployment rate in January was 3.7 percent, unchanged from December’s revised rate. The national rate decreased 0.1 of a percentage point to 4.0 percent. NC unemployment increased 0.2 of a percentage point from a year ago. The number of people employed increased 5,845 over the month to 5,095,312 and increased 672 […]
Santalla Pierce becomes president of ASC
Feb. 18. The Arts & Science Council (ASC) has officially named Adam Santalla Pierce as president. He most recently served as interim president, following his role as vice president of community and artist support. He has been with ASC since 2017. As vice president of community and artist support, Santalla Pierce led ASC’s grantmaking operations, […]
Chamber will hold AI Summit March 5
Feb. 12. The Lake Norman Chamber of Commerce will hold an Artificial Intelligence (AI) Summit on Wednesday, March 5 at The Cain Center for the Arts. Speakers include Richard Boyd, former Director of Virtual World Labs at Lockheed Martin and founder of ULTISM; Chris Carter with Adobe Solutions Leader; Nils Tracy, founder and CEO of […]
Mecklenburg jobless rate in December unchanged from year before
Feb. 5. Unemployment rates (not seasonally adjusted) decreased in 95 NC counties in December 2024, increased in four, and remained unchanged in one. Mitchell County had the highest unemployment rate at 7.3 percent while Currituck County had the lowest at 2.7 percent. Mecklenburg county was at 3.2 percent, same as December the year before and […]
EnergyUnited Foundation recorded $850,000 in grants last year
Jan. 21. Statesville-based EnergyUnited Foundation gave a total of $850,000 to nonprofit organizations, individuals and families in 2024, with 75 organizations requesting support. Of those, $300,000 was granted to nonprofits focused on addressing critical needs such as housing, utilities and humane needs. Fourth-quarter donations totaled $175,000 for non-profits. In addition to funding that was provided […]
Jobless rates increased in 85 NC counties in November
Jan. 7. Unemployment rates (not seasonally adjusted) increased in 85 of North Carolina’s 100 counties in November 2024, decreased in 12, and remained unchanged in three. Mitchell County had the highest unemployment rate at 8.9 percent while Orange and Currituck Counties each had the lowest at 2.9 percent. Mecklenburg County’s unemployment rate was 3.4 percent […]
LKN Chamber Foundation fundraiser benefits 2 non-profit pre-schools
Jan. 2. The Lake Norman Chamber of Commerce Foundation, the philanthropic arm of the Chamber of Commerce, contributed $31,072.64 to two local Lake Norman non-profit organizations providing pre- and after-school programming: Cornelius Early Scholars and the Lake Norman YMCA. The funds were raised through the foundation’s Thanksgiving breakfast. Each organization received $15,536.32.
Commentary: My 2 cents on recent market volatility
March 12. By Chris Davis. [Commentary] Events are moving so fast, they are almost impossible to anticipate. Whatever I write today is likely to be proven wrong over the next few days and weeks. It does not matter. I am a long-term investor. I refuse to sell out and then say, “The algorithms made me […]