NC Budget and Tax Center

Job announcements still fall short of 16,000 new jobs needed every month in N.C. to get back to pre-Recession levels

The North Carolina GOP released a press release this week touting August job announcement figures as indicative of the success of their policy choices that have cut taxes for the wealthy and profitable corporations, put our natural resources at risk and reduced support for the tools like unemployment insurance and job training for people who have lost their jobs.

Set aside that once again there has been no causal relationship proven through the simple statement of job growth occurring. It remains important to evaluate these statements against what we know.

First, the job announcements in August have not materialized into jobs just yet.  From time to time, there are announcements that don’t end up turning into actual jobs, despite best efforts. Moreover, it is unclear how many of the jobs will go to current North Carolina residents and how many will go to those relocating from other states. The August jobs numbers from the Bureau of Labor Statistics will be released on Sept. 15.

Second, North Carolina’s job growth year over year continues to be on par with national job growth.  From June 2016 to June 2017, North Carolina’s employment grew by 1.7 percent, while the nation’s grew by 1.6 percent. This suggests that North Carolina’s policy choices are not driving differences in employment growth but instead that the state is finally growing in step with the nation.

Finally and most importantly, this job growth is insufficient to achieve pre-Recession levels of employment. Each month North Carolina would have to create 16,000 jobs to make progress towards that employment level in the face of a growing population.

Three thousand may get us a fifth of the way there, if they materialize. But we’d like to see a press release on what their plan is to actually boost employment for those who continue to face too few job opportunities in their community, need retraining for new industries, and experience other barriers to employment. Because tax cuts just make it more difficult to close the jobs gap in North Carolina that persists eight years after the national recovery began.

Alexandra Sirota is the Director of the Budget & Tax Center, a project of the NC Justice Center.

Check Also

Measuring poverty shows that government programs are working

Every year when the Census Bureau releases its ...

Top Stories from NCPW

  • News
  • Commentary

This story has been updated with comments from Jim Womack, who did not respond earlier to questions. [...]

For the 18 months, Gary Brown has been traveling through northeastern North Carolina like an itinera [...]

It will be at least another month before state Superintendent Mark Johnson can take over at the helm [...]

Eric Hall, in the midst of a rainy drive to rural Robeson County to pitch North Carolina’s ambitious [...]

5---number of days since Senators Bill Cassidy and Lindsey Graham unveiled a new proposal to repeal [...]

The post The stench of hate speech appeared first on NC Policy Watch. [...]

When a Navy recruiter visited his high school, Carlos was among those students eager to sign up. In [...]

Website with ties to Civitas Institute promotes anti-Semitic attack on Attorney General Stein There [...]

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