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Economist: Why NC’s unemployment rate looks better than it really is (video)
Posted By Clayton Henkel On April 2, 2014 @ 2:17 pm In Uncategorized | Comments Disabled
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 .
Article printed from The Progressive Pulse: http://pulse.ncpolicywatch.org
URL to article: http://pulse.ncpolicywatch.org/2014/04/02/why-nc-unemployment-rate-looks-better-than-it-really-is-video/
URLs in this post:
 Dean Baker: http://en.wikipedia.org/wiki/Dean_Baker
 below: http://www.ncjustice.org/?q=budget-and-tax/btc-brief-jobs-miracle-never-happened-north-carolina-still-lagging-nation-job
 full radio interview: http://www.ncpolicywatch.com/2014/03/31/economist-dean-baker-on-the-long-economic-downturn-and-why-it-persists/
 Five basic things you should know about the state of the economy: http://www.ncpolicywatch.com/2014/04/01/five-basic-things-you-should-know-about-the-state-of-the-economy/
 Image: http://www.youtube.com/watch?v=NU3kAvo5X2M
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