Uncategorized

Economist: Why NC’s unemployment rate looks better than it really is (video)

Acclaimed economist Dean Baker says it’s quite simple to explain why North Carolina’s jobless rate has fallen over the last year:

“It’s very clear, people dropped out of the labor market,” explained Baker in a recent Raleigh interview.

Baker joined Chris Fitzsimon on NC Policy Watch’s News and Views last week to discuss why the state’s economy continues to falter, and when we are likely to see employers increase their hiring. Baker also noted that North Carolina’s employment growth is below what many other states are experiencing.

Listen to the full radio interview online, and be sure to read Rob Schofield’s Weekly Briefing: Five basic things you should know about the state of the economy.

One Comment


  1. Alex

    April 2, 2014 at 6:10 pm

    This is not unique to North Carolina. Nationally, we have the lowest labor participation rate in the last 40 years.

Check Also

The Week’s Top Five on NC Policy Watch

1. The Right wages class warfare in Washington ...

Top Stories from NCPW

  • News
  • Commentary

The controversy over “Silent Sam,” the Confederate monument on UNC’s Chapel Hill campus, has been ra [...]

North Carolina tries to mine its swine and deal with a poop problem that keeps piling up A blanket o [...]

This story is part of "Peak Pig," an examination of the hog industry co-published with Env [...]

Few issues in the North Carolina’s contentious policy wars have been more consistently front and cen [...]

Five years ago, the U.S. Department of Justice (DOJ) filed a jaw-dropping civil rights lawsuit again [...]

Will Burr and Tillis really vote for this? For much of the 20th Century, one of the labels that Amer [...]

President Trump and Congressional Republicans aim to rebrand enormous tax cuts for the wealthiest ho [...]

20—number of years since a bipartisan coalition in Congress passed the Children’s Health Insurance P [...]

Spotlight on Journalism

We invite you to join a special celebration of investigative journalism! The evening will feature Mike Rezendes, a member of the Pulitzer Prize-winning Boston Globe Spotlight Team known for their coverage of the cover-up of sexual abuse in the Catholic Church.

Tickets available NOW!

Spotlight On Journalism

This event will benefit NC Policy Watch, a project of the North Carolina Justice Center. Sponsorship opportunities available now!

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more