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The state’s seasonally adjusted January unemployment rate was 5.9 percent, declining 0.2 points from December’s revised rate. The national rate declined 0.4 points to 6.3 percent.
North Carolina’s January 2021 unemployment rate increased 2.4 percentage points from a year ago. The number of people employed increased 9,882 over the month to 4,741,046 and decreased 187,402 over the year. The number of people unemployed decreased 11,284 over the month to 297,599 and increased 117,994 over the year.
North Carolina Main Street Champions will be recognized for their commitment to downtown revitalization and strong communities during a virtual recognition ceremony today at 9:30 a.m.
Nine communities will receive awards for excellence in downtown revitalization during the North Carolina Main Street Awards Ceremony this evening. Liz Parham, Director of the North Carolina Main Street and Rural Planning Center will present the awards virtually in categories that include economic vitality, design, promotion and organization.
North Carolina stands well positioned to attract a significant portion of a more than $100 billion market opportunity from the growing offshore wind energy industry, according to a comprehensive new report released today by the North Carolina Department of Commerce.
The publication of the report from BVG Associates marks the latest step in Governor Cooper’s far-reaching commitment to build a clean energy economy to fight climate change and grow clean-energy jobs in North Carolina.
North Carolina community and economic development leaders will convene virtually for the 2021 North Carolina Main Street Conference, March 9-11. Organized by the North Carolina Department of Commerce and its N.C. Main Street and Rural Planning Center, this year’s conference will be held online to ensure a safe and healthy environment for all participants. The annual conference is expected to attract more than 700 people.
Machelle Baker Sanders affirmed her oath of office as North Carolina’s Secretary of Commerce on Monday during a ceremony at the First Flight Venture Center. Secretary Sanders’ choice of the Research Triangle Park venue honors the ongoing importance of innovation, entrepreneurship, and inclusion to the state’s economy.
Crown Equipment Corporation, a global lift truck manufacturer, expects to create more than 130 new jobs in Lenoir County, Governor Roy Cooper announced today. The company is planning to invest up to $13 million to expand its manufacturing operations in Kinston.
The North Carolina Rural Infrastructure Authority (RIA) has approved 12 grant requests to local governments totaling $4,566,930, Governor Roy Cooper announced today. The requests include commitments to create a total of 439 jobs, 64 of which were previously announced. The public investment in these projects will attract more than $60 million in private investment.
Nearly $27 million in grants has been awarded to 34 municipal and county governments in North Carolina in response to the adverse economic and public health impacts of COVID-19, Governor Roy Cooper announced today.
The federal funds are being distributed through the Community Development Block Grant Coronavirus (CDBG-CV) program to assist local governments with subsistence payments to prevent evictions and utility disconnections in their communities.