While the unemployment rate dropped slightly to 10.4 percent in October there was very little movement in job growth in the private sector. Figires from the state Employment ... Keep Reading
jobs
Peeling Back the Chiquita Deal
By now most of you have heard about Gov. Perdue's latest corporate welfare bribe economic incentives deal with Chiquita to come to Charlotte. North Carolina taxpayers may be ... Keep Reading
Economic Incentives: End Them, Don’t Mend Them
In this article, N&O editors decry the current state of North Carolina's "economic incentives" programs. Right now, those policies, intended to attract or retain job-creating ... Keep Reading
Organizers of OccupyRaleigh Appear with Rep. Bill Faison at his Event
Representative Bill Faison (D-durham) was once again making what appeared to be almost a campaign pitch at an event he organized as the General Assembly began a one-day special ... Keep Reading
Economic Expert: Complex N.C. Tax Code Chasing Away Business
North Carolina has long been at the top of the list of state's with favorable business climates for site selections. But it has now dropped to number three on the list. Some tend ... Keep Reading
State Lawmaker Saw First Hand that Inland Natural Gas Drilling is a Job Creator
State Representative Mike Hager (R-Rutherford) had just returned from a trip to Pennsylvania for a tour of the exploration for natural gas with hydraulic fracturing of shale called ... Keep Reading
State Unemployment Rate Continues to Rise
The North Carolina Employment Security Commission reported the state unemployment rose in September from 10.4 percent to 10.5 percent. Still above the national rate. Last September ... Keep Reading
State Sales Tax Revenue Increases After Penny Tax Hike Expires
The General Assembly's Fiscal Analyst says state revenue from the sales tax and personal income tax increased in September over the same time last year despite double digit ... Keep Reading
Duke Biz Professor Misses Half the Story
To paraphrase the great Thomas Sowell, "there are no solutions in life, merely trade-offs." Duke University associate business professor David McAdams ignores that self-evident ... Keep Reading
Silly and Uninformed Spin on Unemployment Numbers
As noted here on Friday, the NC Employment Security Council announced that NC's unemployment rate jumped from 10.1 in July to 10.4 percent in August. Naturally, the state ... Keep Reading
