NC
Personal finance: NC near top among ‘most sinful’ states survey
Feb. 14. Every state has virtues and vices, and vices can be especially destructive when people’s wallets are already stretched thin by high inflation. Harmful behavior on the individual level can result in staggering economic costs, considering that gambling addiction costs the U.S. $5 billion per year and smoking costs dwarf that with over $300 […]
States having the quickest recovery of unemployment claims
Feb. 6. New unemployment claims decreased slightly week-over-week on Jan. 23 amid high inflation and the threat of a recession. WalletHub released updated rankings for the States Where Unemployment Claims Are Decreasing the Most. NC placed in the middle range at 22nd in the ranking of states where unemployment claims are decreasing the most. Kentucky […]
NC struggles more than most states in hiring, survey finds
Dec. 16. During the COVID-19 pandemic, millions of Americans lost their jobs and experienced financial difficulties due to unemployment. Now, lots of businesses are struggling to hire enough workers, which has sometimes led to delays in services and reduced business hours. The labor force participation rate is still below pre-pandemic levels, and is at one […]
NC ranks high in survey of state’s with best elder-abuse protections
Dec. 14. North Carolina is 2022’s state with the fourth best elder-abuse protections behind Wisconsin, Massachusetts and Ohio. New Jersey, South Carolina, Montana and Utah placed last in the WalletHub survey. With over 10% of Americans over age 60 suffering from elder abuse, and seniors especially vulnerable during this period of high inflation, the personal-finance […]
Survey looks at changes in jobless rates among states
Oct. 25. September’s jobs report showed a slowdown in growth. The economy gained 263,000 non-farm payroll jobs, down from 315,000 the previous month. In September, there were notable gains in sectors including health care and leisure and hospitality. Now, the U.S. unemployment rate sits at 3.5%, down from the nearly historic high of 14.7 percent […]
Davidson will try to exit contract with Continuum
Jan. 24. By Dave Vieser. With a new mayor in town, Davidson plans to look for a quick exit strategy from the Continuum/Mi Connection purchase agreement. The $80 million purchase, spread between Davidson and Mooresville, was inked in 2007 to take over a piece of the bankrupt Adelphia system. Thus far, it has cost Davidson […]
