- The Progressive Pulse - http://pulse.ncpolicywatch.org -

Prosperity Watch: State’s employment looking for growth in all the wrong places

As seen in the latest issue of Prosperity Watch [1], North Carolina’s persistently high unemployment rate is not only the result of having 3 workers for every available job, but also due to weaknesses in those industries that employ the majority of the state’s workers.  Only a fraction of the state’s employment base is concentrated in industries that are poised for long-term growth and pay decent wages, while the overwhelming majority of North Carolina’s workers are employed in industries experiencing long-term decline–a serious problem for ensuring the long-term economic competitiveness of the state. For details, see this week’s Prosperity Watch [1].