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Prosperity Watch: Economy grows, but job creation stalls

Posted By Allan Freyer On April 18, 2013 @ 8:30 am In NC Budget and Tax Center | Comments Disabled

This week’s issue of Prosperity Watch [1]grapples with an under-reported and historically unprecedented trend in North Carolina’s economy–while the state has experienced a total of more than 4 percent total growth in Gross Domestic Product from 2006 through 2011, job creation over this period has been virtually nonexistant. This trend in manufacturing is even more pronounced.

So what’s causing this troubling divergence between economic output and job creation? See the latest Prosperity Watch [1]for details.

Article printed from The Progressive Pulse: http://pulse.ncpolicywatch.org

URL to article: http://pulse.ncpolicywatch.org/2013/04/18/prosperity-watch-economy-grows-but-job-creation-stalls/

URLs in this post:

[1] Prosperity Watch : http://www.ncjustice.org/?q=budget-and-tax/prosperity-watch-issue-24-no-3-north-carolina%E2%80%99s-unusual-recovery-states-economy-grows

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