NC Budget and Tax Center

Prosperity Watch: Too many workers, too few jobs, big implications for UI reform

As the latest issue of Prosperity Watch explains, the fundamental challenge facing the state’s labor market is the absence of enough available job openings to make a meaningful dent in the state’s jobs deficit and to bring down the state’s persistently high unemployment rate. This reality has tremendous implications for the state’s unemployed workers if the benefits cuts contained in the recently-passed unemployment insurance reform bill are enacted.  See the latest issue of Prosperity Watch for details.

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