NC Budget and Tax Center

Missing workers signal trouble in the economy

Yesterday, the Budget & Tax Center released a report on the number of North Carolinians who would have been working or seeking work if the Great Recession had never happened and job opportunities had remained strong over the last five years.  The report highlights using this new measure the troubling trend of too few jobs and workers leaving the labor force.  In addition, it pulls together compelling national research finding that most or all of the labor force decline is driven by a weak labor market.  Among the key findings:

  • 250,000 North Carolinians are missing from the labor force
  • If those missing workers were counted as unemployed, the unemployment rate would be nearly double the official rate for February 2014.

The report comes as national economists gathered this week to push for a full employment agenda, one that would seek to expand job opportunities and bring more folks into the labor market to support a stronger economic growth trajectory.  As attention nationally turns to the issue of persistent joblessness and the harm it is creating for workers and the economy, it is important for North Carolina’s policymakers to focus on good quality job creation and policies that support strong connections to the labor force for workers in a weak labor market.

3 Comments


  1. LayintheSmakDown

    April 4, 2014 at 6:18 pm

    Maybe they all packed up and went back to Mexico, not really missing but tired of being illegal.

  2. Alan

    April 5, 2014 at 6:50 pm

    Dog whistle racism, again?

  3. LayintheSmakDown

    April 6, 2014 at 7:10 pm

    rac·ism
    ?r??siz?m/Submit
    noun
    1.
    the belief that all members of each race possess characteristics or abilities specific to that race, esp. so as to distinguish it as inferior or superior to another race or races.

    No…not racism….I do not believe that all people of Mexican descent are illegal. I do however believe that many who are illegal come from Mexico….at least at this point in time. It also do not believe their race is inferior….just that a huge number are breaking the law.

Check Also

Limits on income tax will put immediate pressure on policymakers to raise other taxes

The income tax cap being considered by the ...

Top Stories from NCPW

  • News
  • Commentary

Viola Williams has been crunching numbers and working out possible solutions since last week, when t [...]

With midterm elections around the corner, lawmakers have, unsurprisingly, taken aim at last minute c [...]

On May 25, the news headlines read that Democratic state Senate candidate Jen Mangrum had been disqu [...]

If it seemed impossible that neighbors of industrialized hog farms had any legal rights left to lose [...]

“I’m speechless.” So began the heartfelt lament of Rep. Verla Insko (D-Orange) late last Friday afte [...]

The post SB 711 – The pig’s roast appeared first on NC Policy Watch. [...]

In another effort to pander to the minority of Americans who want to make abortion and birth control [...]

The practice of loading down noncontroversial legislation with divisive and partisan provisions is a [...]