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

Prosperity Watch: Unemployed workers still outnumber available job openings by almost 3-to-1

Despite a superficial improvement in North Carolina’s unemployment rate over the past three months, the state’s jobs picture remains extremely troubling, especially for the 70,000 Tarheel workers likely to lose federal extended unemployment benefits on June 30th. There are just not enough job openings available in order to meaningfully bring down unemployment rate, and as a result, thousands of the state’s workers are simply giving up on the job search and dropping out of the labor force altogether. See the latest issue of Prosperity Watch [1] for details.