Jobs

Alevo CEO Jostein Eikeland unveiled the company's plans for the old Philip Morris plant in October 2014.
Duncan McFadyen / WFAE

An industrial battery company that took over the former Philip Morris plant in Concord three years ago is going out of business. Nearly 300 people are losing their jobs.

Governor Roy Cooper announces Allstate expansion in Charlotte.
Alex Olgin / WFAE

Allstate Insurance Company is bringing 2,250 jobs to Charlotte. The governor announced the expansion Wednesday at the Chamber of Commerce. The insurer said it will hire claims specialists, actuaries, underwriters, IT professionals and support personnel over the next three years as part of an expansion of the operations center in Charlotte.


Swiss bank Credit Suisse will add 1,200 jobs at its technology hub in the Research Triangle, representing North Carolina's largest corporate expansion since MetLife Inc. said in 2013 that it could move 2,600 jobs from other states.

Courtesy of the US Department of Commerce

The U.S. Secretary of Commerce made a stop in Charlotte Wednesday. She answered questions from business leaders and students at a symposium in uptown. It was an event sponsored by the Charlotte Chamber of Commerce. Before she took the stage she sat down to talk with WFAE’s Tom Bullock.

NC Jobs Recovery Reaches Milestone

Nov 21, 2014

North Carolina has recovered the jobs it lost during the deep economic downturn,  according to the state Commerce Department's latest unemployment report. Here's some context:

The recession got started a little late in North Carolina – job growth continued until February 2008. That's the month when employment peaked. Then North Carolina crashed through 24 straight months – two years – of job losses.

AvidXchange Expanding, Creating 600 Jobs In Charlotte

Sep 15, 2014
Michael Tomsic

 A software company founded in Charlotte is expanding to create about 600 jobs. AvidXchange will also build a new headquarters at the Music Factory.

AvidXchange's first office was in an old fire station on the corner of Ninth and Brevard in uptown Charlotte. When Michael Praeger co-founded the company in 2000, he said that office consisted of five desks in what looked like a small, brick warehouse.

NC Almost Done Privatizing Part Of Commerce Department

Jun 12, 2014
photologue_np / Flickr

The North Carolina House and Senate are finalizing significant changes to how the state recruits and retains businesses. The chambers have passed slightly different versions of a bill to privatize part of the state Commerce Department.

juhansonin / flickr

An internship has long been considered the key to employment. In 2012, 60 percent of college graduates who took part in a paid internship received at least one job offer. Thirty-seven percent of graduates who took unpaid internships received job offers. But, surprisingly, 36 percent of graduates who didn't participate in any type of internship received job offers. That’s a small difference for a lot more, unpaid work. Are unpaid internships worth it? Under what circumstances should interns be paid? Do unpaid internships comply with the Fair Labor Standards Act? We discuss the internship economy, when Charlotte Talks.

According to frequent guest, UNC Charlotte Economics Professor John Connaughton, the economy is on the upswing in almost every sector. Interest rates may be on the rise and the housing industry, at least in Charlotte, is really heating up. We'll look at all of those factors to see if this is a temporary jump or if the economy may be on the rise for the foreseeable future, when Charlotte Talks.

Gaston College

Like the rest of the state, Gaston County is facing a shortage of people with the skills required to work in 

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 one-and-a half million dollar grant from the U.S. Department of Commerce.


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