The national unemployment rate is hovering at 10 percent, while in North Carolina, according to the latest report by the state’s Employment Security Commission (NCESC), statewide ... Keep Reading
unemployment
VP Showers Triangle Area With Economic Ignorance
Vice President Joe Biden paid a visit to the Durham-based Cree company yesterday. Cree is a leading maker of LED lights, touted as energy efficient bulbs. According to ... Keep Reading
More Money Woes for N.C.
North Carolina's true state debt burden stands at roughly $9.4 billion, about $4,000 for every NC family of four. Per capita state debt has more than doubled in eight years. The ... Keep Reading
Krugman vs. Krugman
The radical left's favorite partisan hackonomist, Paul Krugman of the NY Times, had some rather "bizarre" comments about unemployment benefits, as called out in the Wall Street ... Keep Reading
More Gloomy Recession Numbers
Following up on a recent post, economist Robert Higgs delves even deeper into the numbers regarding the current recession. As he explains: Personal income includes the various ... Keep Reading
The “Jobs Governor” Didn’t Get the Memo
According to Alan Reynolds, senior fellow at the Cato Institute, the federal stimulus actually added about 2 percentage points to the unemployment rate. The jobs the stimulus was ... Keep Reading
NC Past the Limit on Debt
N&O reports the state’s annual Debt Affordability Study released today finds that North Carolina can only borrow $9 million dollars a year and remain within guidelines that ... Keep Reading
The (Lost) Jobs Governor
Governor Perdue laid out initiatives for jobs and education in a recent speech to the Charlotte Chamber. Allegedly with a straight face, Perdue said the following: "Make no ... Keep Reading