manufacturing en Chinese Textile Manufacturer Finds A Good Deal In South Carolina <p>Last month, a Chinese textile company announced it would invest <a href="" target="_blank">$218 million</a>&nbsp;to bring more than 500 jobs to Lancaster County, South Carolina in the next five years.</p><p>The Keer Group is building its first facility outside China in Indian Land. But in exchange for bringing jobs to South Carolina, the company will pay less than half of the property tax rate and receive a 7.7 million dollar bond to help pay for construction. &nbsp;</p><p></p><p> Mon, 06 Jan 2014 03:12:38 +0000 Tasnim Shamma 42335 at Low-Wage Jobs Lead Charlotte, Hickory Recovery <p>The unemployment rate in the Charlotte and Hickory metro areas declined about one percent in August. That's according to <a href="" target="_blank">state Commerce Department data</a> released Wednesday.</p><p>In Charlotte, the rate is down to 8.3 percent, while in Hickory, the rate fell to 9.1 percent. But the job growth over the past year has been concentrated in one of the lowest-paying industries. Allan Freyer is an analyst for the N.C. Budget and Tax Center, a research organization.</p> Wed, 02 Oct 2013 20:19:55 +0000 Michael Tomsic 36511 at Hard For Children To Ascend The Income Ladder In Charlotte <p>Charlotte’s economic ascension over the past generation has not translated into an easier climb to wealth for poor residents. A new study looks at how children of low-income parents fare as adults and finds Charlotte near the bottom of America’s largest cities.</p><p></p><p><span style="line-height: 1.5;">The entire swathe of the southeastern United States is painted deepest red on the study’s map, from Louisiana to Virginia.</span></p><p> Fri, 26 Jul 2013 21:26:18 +0000 Ben Bradford 32162 at Hard For Children To Ascend The Income Ladder In Charlotte Gaston Secures Federal Grant For High Tech Job Center <p>Like the rest of the state, Gaston County is facing a shortage of people with the skills required to work in&nbsp;</p><p><span style="line-height: 1.5;">today's high tech factories. Gaston College hopes to address the issue with a training center for students and local residents. This week, the college received a </span><a href="" style="line-height: 1.5;">one-and-a half million dollar grant</a><span style="line-height: 1.5;"> from the U.S. Department of Commerce.</span></p><p></p><p> Sat, 06 Jul 2013 00:51:40 +0000 Tasnim Shamma 30751 at Gaston Secures Federal Grant For High Tech Job Center Freightliner Cuts 1,200 Charlotte-Area Jobs <p></p><p>The numbers are in on Daimler Chrysler’s plan to lay off&nbsp;workers at its three Charlotte area Freightliner plants. The tally is 1,200 jobs.</p><p></p> Thu, 31 Jan 2013 22:19:49 +0000 Ben Bradford 20530 at Freightliner Cuts 1,200 Charlotte-Area Jobs