Recently released data from the 2012 Economic Census indicates that the Charlotte-Concord-Gastonia Metropolitan Statistical Area reigns as North Carolina's manufacturing hub.
LEAD's BLS Statistics Data chart has eliminated the guess work of which geographies are available for several BLS programs.
Are traditional brick-and-mortar storefronts becoming a thing of the past? If you’re a reader of the Wall Street Journal, you may have recently run across news headlines like these proclaiming the demise of traditional retailers: Shoppers Are Fleeing Physical Stores, The Great Mall Exodus, and Macy’s Confronts the Crisis of the American Mall. So is this true? And more importantly, is this happening in North Carolina?
North Carolina pork producers were making significant gains in exporting to Russia in early 2014 as they complied with new trade restrictions. But yet another import ban on U.S. and E.U. agricultural products could derail that progress.
The Labor & Economic Analysis Division (LEAD) is happy to launch the LEAD Feed, which will deliver timely communication and analysis around a variety of economic and labor market topics drawing on the knowledge and expertise of LEAD staff. It is our goal to meet the need for a timely, accessible means of communication for short, informative articles about economic and labor conditions in our state, the nation, and around the world.
The unemployment rate is the most cited and least understood official indicator of labor market conditions. This post takes on some common myths and explains what the unemployment rate really tells us about the state of the economy.
LEAD recently unveiled a new online resource called NC TOWER (Tool for Online Workforce and Education Reporting), which provides data on employment rates, wages, and higher education enrollment for graduates of the North Carolina Community College System and University of North Carolina system schools.
LEAD recently released the results of the 2014 Employer Needs Survey, a scientific survey of nearly 800 public- and private-sector employers from across the state which sought to identify hiring difficulties, recruitment strategies, and other employer needs.
Many labor market watchers contend that “discouraged” workers are exiting North Carolina’s labor force, causing the unemployment rate to overstate the extent of the economic recovery. This article demonstrates why this contention is false and how, even after considering discouraged and “marginally attached” workers, North Carolina’s labor market continues to show signs of improvement.
Happy National Manufacturing Day! The American South is often considered a major manufacturing hub of North America. In addition, North Carolina specifically plays a significant role in that regional status. So, in light of today's national spotlight on manufacturing, let’s investigate those claims using some manufacturing output and employment data relevant to both the Southeast and to North Carolina.