RSSCategory: Economy

Massive SAS building, more jobs reflect Goodnight’s loyalty to home state

| October 22, 2014 | 0 Comments

by Rick Smith, WRAL TechWire, October 21, 2014. Jim Goodnight runs the world’s largest privately held software company with more than $3 billion in revenues and operations from China to Latin America. Yet the billionaire founder of SAS continues to invest in jobs and in facilities at the company’s Cary headquarters. On Tuesday, he unveiled […]

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Aligning Employer Needs and Worker Skills

| October 3, 2014 | 1 Comment

By Tom Campbell Executive Producer, NC SPIN Governor Pat McCrory sometimes says things that don’t sound the way we think he intended them. In kicking off his 100 county NCWORKS tour promoting workforce development, McCrory offhandedly stated we don’t need any more lawyers or journalists, but do need more people who can drive trucks, work […]

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Fade to black on our state’s film industry?

| September 29, 2014 | 1 Comment

Editorial by The Time-News, September 26, 2014. Will Pat McCrory be remembered as the governor who killed the film industry in North Carolina? It could be, if the film community’s most dire predictions come to pass.  McCrory has announced that he won’t call the General Assembly back in session to discuss film incentives, historic preservation […]

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State jobless rate rises in May

| June 23, 2014 | 0 Comments

by Richard Craver, Winston-Salem Journal, June 20, 2014. The state’s unemployment rate reversed course for the first time in 11 months during May, rising 0.2 percentage points to 6.4 percent, the N.C. Commerce Department reported Friday. The monthly report, as has been the case for nearly a year, has a good-news, bad-news element to it. […]

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NC Jobless rate rises in May as 19,000 enter job market

| June 21, 2014 | 0 Comments

by John Murawski. Charlotte Observer, June 20, 2014. North Carolina’s jobless rate inched up to 6.4 percent in May as nearly 19,000 job seekers entered the job market in search of work. The uptick in the state’s jobless rate, from 6.2 percent in April, is the first time in two years the monthly rate has […]

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3 companies bring at least 3,900 jobs to South Carolina

| June 17, 2014 | 0 Comments

by Eric Frazier, Charlotte Observer, June 16, 2014. hree companies will bring a combined 3,900 new jobs to York and Chester counties, S.C. Gov. Nikki Haley announced Monday in the Palmetto State’s biggest job-recruitment day in recent memory. Two of the companies are Charlotte firms crossing the state line, raising questions about North Carolina’s economic competitiveness. […]

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NC Senate bill for private economic development organization criticized

| June 5, 2014 | 0 Comments

by Richard M. Barron, Greensboro News-Record, June 4, 2014. The N.C. Senate has written a new version of a bill that would turn a division of the N.C. Department of Commerce into a private corporation. The problem is, the bill is too strict — or too lenient — depending which side you’re on. Gov. Pat […]

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Connaughton: Economy to cool slightly in 2014

| June 4, 2014 | 0 Comments

by Steve Cranford, Charlotte Business Journal, June 3, 2014. The North Carolina economy should grow at an inflation-adjusted rate of 1.9 percent in 2014, down from 2.3 percent last year, according to UNC Charlotte economistJohn Connaughton. The slowing will stem from monetary policy at the federal level and the impact of baby boomers reaching retirement age. The […]

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Senate votes to eliminate local business taxes

| May 29, 2014 | 1 Comment

by John Frank, Charlotte Observer, May 28, 2014. RALEIGH To lower local taxes on businesses, state lawmakers may force cities and towns onto a $62 million fiscal cliff. The state Senate on Wednesday voted 37-9 to give preliminary approval to a wide-ranging tax bill that includes a provision to revoke the authority of municipalities to […]

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Median CEO pay crosses $10 million …257 times the average worker pay

| May 27, 2014 | 0 Comments

by Ken Sweet, Associated Press, published in News and Observer, May 27, 2014. They’re the $10 million men and women. Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 […]

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