Tagged: job growth

Business
12:00 am
Sat August 25, 2012

Small Towns Left Behind In N.C. Recovery

Credit Dougtone/Flickr
Interstate highway.

Almost all North Carolina counties have a lower unemployment rate than they did a year ago. But the latest job numbers show that the state’s economic recovery is much more concentrated than that.

Here’s a simple theory to explain job growth: do you live near an interstate?

"Most of the improvements in the state’s unemployment rate are coming along the I-40 and the I-85, I-95 corridors," said Allan Freyer, an analyst for the N.C. Budget and Tax Center.

Freyer said big cities off the interstates are the only places really recovering in North Carolina. 

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