North Carolina Recovers Jobs Lost During Great Recession | Eastern North Carolina Now

News Release:

    Raleigh, NC     Governor Pat McCrory issued the following statement after North Carolina's unemployment rate fell to 6.3 percent. That represents a 1.2 point drop from October 2013 and is 2.5 points lower than January 2013 when the governor entered office.

    "North Carolina has now recovered all of the jobs lost during the recession," said Governor McCrory. "We will remain focused on long-term job creation because North Carolina will continue to attract people and businesses because of the improvements we've made to the business climate and quality of life through tax reform and investments in areas such as education."

    In October, 4,183,900 people (nonfarm, seasonally adjusted) were employed in the state, which exceeds the pre-recession high of 4,174,500 in February 2008. North Carolina experienced 24 months of continuous employment decline until the number of people employed bottomed out at 3,839,200 in February 2010.

    "We will reach another employment milestone soon when North Carolina employers pay off the federal unemployment insurance debt that at one time exceeded $2.5 billion," Governor McCrory said. "Once that debt is paid, employers will have the capital and stability to make even more job-creating investments. Achieving these milestones was not easy, but we will continue to make the tough decisions that will lead to a more prosperous North Carolina."


    Contact: Crystal Feldman
       govpress@nc.gov
Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




Burkert Contromatic Corp. To Expand In Mecklenburg County Commerce Expansion, NC Economy, A Business Perspective, Business, Your Economy Governor McCrory Announces $640,448 In Innovation Grants For 13 North Carolina Businesses


HbAD0

Latest Your Economy

Nestlé, the largest food and drink company in the world, raised prices by a collective 9.8% in the first three months of the year as inflationary pressures increased input costs for the business.
Get ready to see higher electricity bills if the North Carolina Utilities Commission approves a requested price hike by Duke Energy Progress.
We live in times when technology is becoming increasingly important and significantly transforming how people work. Of course, when you're bringing your work into the online realm, you need to be aware of the dangers it can bring to your data.
Members of the Senate Agriculture Committee discussed the collapse of cryptocurrency exchange FTX in a Thursday hearing, during which a top regulator acknowledged that he met with former CEO Sam Bankman-Fried on multiple occasions.
Progressives across the country are working tirelessly to rewrite the history on school reopenings, claiming that it was a bipartisan effort. The reality is far different, and, in fact, progressive leaders fought to keep schools closed.
A recent survey reported massive school staffing shortages in North Carolina in August. That’s roughly 11,000 vacancies, which would impact the quality of education students receive.
RX Industries, of South Carolina, has announced the completion of its expansion in Beaufort County (SC).
Today, the U.S. Department of Education released the 2022 National Assessment of Educational Progress (NAEP) Long-Term Trend results.

HbAD1

Progressives have sought to use public schools to advance their social and political agenda for nearly a century
It has begun, and it will be a process, but know this NOW: Beaufort County Now (BCN), created by Symbiotic Networks (SNI), has evolved to a point that this online publication's most natural progression is to transition into Eastern NC NOW (ENC NOW).
N.C.'s congressional delegation urge the Biden Administration to locate the $1 billion Advanced Research Projects Agency for Health facility in the state.
America is finally waking up to the fact that poisonous, divisive ideas are proliferating in public education, from pre-K to graduate school. The question is how to push back against such ideas.
As a project manager, you are always striving to grow and prove yourself to your colleagues and superiors.
Entrepreneurs experience mental health issues that often go unnoticed. Recent studies have indicated that the majority of people in business are sleep-deprived and overworked.

HbAD2

The pillars of good research include accuracy, good data, good methodologies, and great communication skills. That last part is often overlooked.
It's a neighborhood landmark, since 1996 the ideal place to watch the incessant flow of people and cars that grudgingly meet at Franklin and Columbia streets.
The COVID-19 crisis, with all of its complexities, is revealing simplicities about education and life.
CBD is a booming industry with a lot of people discussing it, and many brands starting in the industry. But how do you know the CBD product is safe and effective?
As CBD products continue to grow in popularity and use, there is often still confusion when it comes to differentiating hemp and marijuana. Both hemp and marijuana are terms that have been coined to differentiate two varieties of the Cannabis sativa plant species
I do get it. Some folks, within today's America, seem to need a tribal gathering point, and for the consumer intellect, scoring well while shopping is a tempting scorecard to behold, it tends to register in the pathos of the chronic consumer long beyond 'the shopping experience'.
Planning the school budget efficiently is one of the most crucial things that a headteacher can do, it makes such a difference to the school and, thus, the students.
Tom Campbell's opinion piece, "We are re-segregating our schools," blames charter schools for "re-segregating" district schools. Using the term segregation, associated with the Jim Crow era ending 65 years ago, is intentional.

HbAD3

 
Back to Top