Uncategorized

Missing Workers Update: June 2014

With the release last month of the latest labor market figures, the Budget & Tax Center has updated as well its estimate of the number of missing workers in North Carolina’s labor market.  This measure estimates the number of workers who would be in the labor market, looking for work, if job opportunities were stronger.  In June 2014, the number of missing workers remained elevated at 241,445.  If these workers were counted in the unemployment rate, that rate would be 11.5 percent rather than the official 6.4 percent for that month.

BTC - Missing Workers June 2014

In combination with the state’s persistent jobs deficit, the missing worker measure points to a still weak labor market with too few jobs for those who want to work.

Check Also

The budget proposal that Cooper vetoed fell short in numerous important ways

To truly reflect what we value as a ...

Top Stories from NCPW

  • News
  • Commentary

The U.S. House on Thursday voted to hike the federal minimum wage to $15 per hour by 2025.  The meas [...]

Gov. Roy Cooper signed the controversial “Death by Distribution” bill into law last week. Under the [...]

Van der Vaart: supporter of Trump, critic of regulation, was in charge during some of the state [...]

North Carolina voting rights groups and Democrats were compared to the legendary Pied Piper at the s [...]

Linger long enough in Raleigh’s legislative lagoon and you’ll find there are three kinds of lawmaker [...]

There’s an old adage in the law that’s often used to describe situations in which a judge jails some [...]

The right-wing wallflowers of The Wall Street Journal reported Sunday, with an almost palpable sense [...]

The post Hofeller: The GOP’s “Michelangelo of the gerrymander” appeared first on NC Policy Watch. [...]