Economy

 

Corporate Welfare Undermines Economy

State politicians, ranging from Gov. Beverly Perdue to U.S. Sens. Richard Burr and Kay Hagan, descended on the Research Triangle Park recently to help celebrate an economic incentive deal with Cree Inc., a Durham-based light manufacturer. The deal will reportedly "create" 244 jobs.

 

Number of Unemployed in North Carolina Tripled Since 2000

Over the last decade, the number of North Carolinians in the unemployment line almost tripled, increasing by nearly 300,000. At the same time, the state was a net loser of private sector jobs, with more than 130,000 such jobs being lost from 2000 to 2010.

 

Report Card on County Government Growth

From 2000 to 2009, 73 of North Carolina’s 100 county governments grew their workforce at a faster pace than their respective private sector employment. Furthermore, 60 county governments expanded their payrolls at a rate that exceeded the county’s population growth over the same period. Find out where your county ranks!

 

Analyzing the State Legislative District Polling – Part 2: Is It Just “The Economy, Stupid”?

Most everyone assumes the economy and unemployment are the two most important issues in deciding the elections this year, but are those the only issues that matter to voters?  In Part 2, we sort through the numbers to find out.

 

Wage Gap Between State Government and Private Sector Workers Doubles

As North Carolina struggles with double-digit unemployment and stagnant wages, the wage gap between state government employees and private sector workers doubled over the last decade, according to an analysis released today by the Civitas Institute.

 

North Carolina’s Growing Income Gap

There is a widening gap between two major classes of income earners in North Carolina. In the modern-day version of the "haves" versus the "have-nots," state government workers earn significantly more in wages and benefits than North Carolina's private sector workers. Indeed, the wage gap between state government employees and…

 

Municipal Government Workforce Thrives While Private Sector Struggles

The number of local government workers at the municipal level in North Carolina grew at nearly twice the rate of private sector workers, and also outpaced the state’s population growth, over a recent ten-year period, according to an analysis released today by the Civitas Institute.

 

As Private Sector Struggles, Local Government Workforce Expands

The number of local government workers at the municipal level in North Carolina grew at nearly twice the rate of private sector workers, and also outpaced the state’s population growth, over a recent ten-year period.

 

Spending isn’t stimulating

This article first appeared in the June 26 News & Observer. RALEIGH -- Nearly a year and a half has passed since President Barack Obama signed the federal stimulus package into law. How is that working out? The president's own economic advisers assured us that the deficit spending would help…

 

Federal Earmarks Make State Economies Worse Off

Want to get North Carolina state lawmakers as excited as a kid on Christmas morning? Tell them that some "free" federal government money is coming to the state. Indeed, many of us can recall last year when Gov. Bev Perdue excitedly declared she would "drive a truck" down to South…

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