Unemployment

Local News
11:29 am
Mon December 23, 2013

NC Unemployment Rate Drops To 7.4%

The unemployment rate dropped significantly in November from 8 to 7.4 percent.  The rate has fallen 2 percentage points in the past year and is the lowest it’s been since 2008.  But that’s not all cause for celebration. 

The labor force decreased by about 8,100.  Allan Freyer, an analyst with the N.C. Budget and Tax Center, says the rate dropped so much because many people just became discouraged and stopped looking for work. 

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Local News
4:46 pm
Tue November 5, 2013

Military's Huge Impact In NC May Shrink

The military supports roughly 540,000 jobs in North Carolina, but its presence may shrink over the next few years. That's according to a report the N.C. Commerce Department released Tuesday.


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Politics
9:45 am
Tue July 2, 2013

1,200 Turn Out For 'Moral Monday' Protest In Raleigh

Police estimate about 1200 demonstrators turned out for Monday's protest.
Ben Bradford WFAE

About 80 people were arrested at the state house in Raleigh Monday night. It was the culmination of the latest “Moral Monday”—a series of protests led by the NAACP, against Governor Pat McCrory and Republican legislative leaders. All told, nearly 700 have been arrested in the nine weeks of demonstrations. As the protests have continued to grow, WFAE’s Ben Bradford documented the latest event.

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Local News
8:06 pm
Fri December 28, 2012

Nearly 30,000 NC Jobs Could Be Lost If No Budget Deal Reached

The fiscal cliff could cost North Carolina 30,000 jobs in 2013.
Credit Peter Shanks/Flickr

The combination of tax raises and spending cuts, known as the fiscal cliff, begins taking effect on Wednesday. If no compromise is reached in Washington, North Carolina could lose nearly 30,000 jobs and three percent of its economic output, according to a July report from George Mason University. That’s next year alone. Overall, North Carolina would face more than a $120 billion in cuts over the next decade.

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Local News
1:47 pm
Fri December 21, 2012

State Unemployment Report Shows Modest Improvement

North Carolina's unemployment rate continues to dip.
Credit North Carolina Department of Commerce *Data is preliminary.

North Carolina’s unemployment rate dropped to a seasonally-adjusted 9.1 percent in November, according to the latest data today from the state’s Commerce Department. That’s still more than a point above the national rate of 7.7 percent, but it’s still more “ho ho ho” than “bah humbug.”

While it decreased by 0.2 percent, North Carolina’s unemployment is still the fifth highest in the nation. But, there’s some trends that have Clemson University economist Bruce Yandle feeling the holiday spirit.

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Business
5:25 pm
Mon October 8, 2012

Helping The Unemployed Learn On The Job

Sheila Hemphill is a grant specialist with Charlotte Works. She interacts with a lot of job seekers – including many who have been unemployed for a very long time.

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