Jobs

Financial services company MassMutual is moving about 300 corporate office jobs from south Charlotte to Massachusetts as part of a big restructuring announced this week.

In October, Charlotte Area Transit System added slogans to buses saying "Hey Amazon! #CLTisPrime"
David Boraks / WFAE

Amazon has given local business recruiters a bit of feedback on why Charlotte didn't make the list of 20 finalists for the company's planned $5 billion second headquarters. One key reason: a shortage of tech talent. 

Lakemont Business Park
Crescent Communities

Stanley Black & Decker says it will build a $31 million power tool manufacturing plant near Fort Mill, S.C., south of Charlotte.  The plant will make Dewalt cordless tools, and is expected to employee about 500 people.  

Gwendolyn Glenn

Charlotte Works is taking a different approach in its efforts to improve economic mobility for the city’s poor by focusing on neighborhoods. The Mecklenburg County workforce development board plans to send teams to communities with high unemployment to identify residents who could benefit from their training scholarships and other assistance. 

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.

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