On September 15, 2017, the Bureau of Labor Statistics (BLS) released the State Employment and Unemployment news release for August 2017. With so many people impacted by the never-ending barrage of storms in the news lately, BLS included the following statement.
Different research articles have different conclusions about the rate of automation and its impact on future work. This article explores a new approach developed by ITIF by seeing how it operates in North Carolina.
What happened in the North Carolina economy in 2016? How did the economy fare compared to the U.S. and previous years? What key trends are emerging since the Great Recession? A new LEAD report looks at several key economic indicators for the state, including population and labor force growth, unemployment and wage trends, industry and GDP changes, and projected employment.
North Carolina releases a list of Top 300 Private Employers, compiled annually, based off the first quarter employment size as reported by the Quarterly Census of Employment and Wage (QCEW) program. The list breaks out employers by manufacturing and nonmanufacturing.
What happened to middle-wage jobs? This is a question that can be seen on dozens of news article headlines across the country. Although the economy is growing, the types of occupations that have returned since the recession have been uneven. A troubling aspect of employment growth over the past decade has been the decline of middle-wage jobs combined with the explosion of low-wage professions.
The Sandhills Prosperity Zone has undergone a transformation in its economy since the turn of the century—while its population has grown (mainly through natural increase rather than in-migration), the number of jobs has actually fallen by 1.7 percent. At the same time, the industry mix of the region has shifted in ways typical of other rural regions of the state—with a decline in manufacturing and a shift to jobs in health care, retail, and accommodation and food service. While manufacturing is still important to the region, the mix of types of manufacturing is different. While this shift from goods-producing to service-producing has occurred throughout the state, however the Sandhills region has not gained enough jobs to grow their economy to the same extent as the state.
Decline in the labor force participation is an often-discussed topic of the recent Great Recession and its recovery. Numerous demographic factors have played a role in the decline, including the growing number of older Americans and their decreasing labor force participation rates. However, there has been a real effect from the decline of youth employment – primarily youth seeking summer work. This article discusses youth summer employment in North Carolina, and its changes over the past two decades.
What are the jobs of future and where will they be? What are some of the better career options? LEAD recently released new long term regional projections and the 2017 Star Jobs Lists at both the statewide and regional levels.
Moving from one state to another within the United States has decline over the past 20 years, and this may have implications for the North Carolina economy and population.