nc economy
Meck jobless rate falls from August to September
Oct. 31. Unemployment rates decreased in all 100 of North Carolina’s counties in September. In Mecklenburg County, the not seasonally adjusted jobless rate fell to 3.1 percent from 4.3 percent in August. A year ago, the unemployment rate was also 3.1 percent in September. Scotland County had the highest unemployment rate at 5.6 percent while […]
NC unemployment rate remains lower than national
Sept. 6. North Carolina’s jobs picture is bright, with last week’s claims almost 7 percent lower than in the previous week and 17 percent lower than last year. Twenty-seven states and the District of Columbia had unemployment claims last week that were worse than the same week last year. The state’s seasonally adjusted July 2024 […]
Where high-earning households are moving
July 31. When high earners move, they take their money with them. And because their budgets are much larger than most of the population, they can have an outsized effect on the local economy. Thus, states that attract high-earning households can gain an economic advantage over others. Many factors could drive high earners to move […]
NC jobless rate, not seasonally adjusted, at 4.1%
July 30. Unemployment rates increased in 98 of North Carolina’s 100 counties in June 2024 and remained unchanged in two, according to the NC Dept. of Commerce. Scotland County had the highest unemployment rate at 7.0 percent while Buncombe County had the lowest at 3.2 percent. All 15 of the state’s metro areas experienced rate […]
NC jobless rate stays at 3.6% while national rate edges upward by .1%
July 19. The state’s seasonally adjusted June 2024 unemployment rate was 3.6 percent, unchanged from May’s revised rate. The national rate increased 0.1 of a percentage point to 4.1 percent. North Carolina’s jobless rate increased 0.2 of a percentage point from a year ago. The number of people employed decreased 924 over the month to […]
You Decide: Have Cities Reached Their Peak?
July 16. By Mike Walden. [Analysis] I grew up in a rural region outside of Cincinnati, Ohio, in the 1950s and early ‘60s. Our home was around the corner from my paternal grandfather’s farm. I enjoyed the open spaces and clean air. Traffic was minimal, so I could ride my bike everywhere. However, there were […]
Lack of child care is a billion-dollar problem for the NC economy
June 17. [Updated] A statewide report estimates that insufficient child care availability is costing North Carolina $5.65 billion in lost economic activity each year. The U.S. Chamber Foundation, in partnership with the NC Chamber Foundation and NC Child, commissioned a survey of 517 North Carolina parents with children under the age of six. Survey results […]
NC unemployment picture better than much of the US
June 11. Unemployment claims in North Carolina last week were 8.28 percent lower than in the previous week and 10.78 percent lower than last year, according to WalletHub’s updated rankings for the States Where Unemployment Claims Are Increasing the Most. In that regard, North Caroliina is near the bottom of the list, and that’s a […]
Why are so many people moving to NC, plus nine other states?
June 6. Based on recent data from Forbes and Click Storage, the top 10 states Americans are moving to are Texas, Florida, South Carolina, North Carolina, Georgia, Tennessee, Nevada, Maine, Delaware, and Idaho. Each one offers unique attractions and benefits that make them appealing destinations. Karl Graham from Click Storage analyzed why the Top 10 […]
NC jobless rate holds steady at 3.5%
May. 17. The state’s seasonally adjusted April 2024 unemployment rate was 3.5 percent, unchanged from March’s revised rate. The national rate increased 0.1 of a percentage point to 3.9 percent. North Carolina’s unemployment rate increased 0.2 of a percentage point from a year ago. The number of people employed increased 1,200 over the month to […]
