The State of Working North Carolina « The Progressive Pulse

The State of Working North Carolina was released this week, and the numbers reemphasize that North Carolina’s working families have experienced declines in financial stability and economic opportunity over the last decade. One take away from this grim story is that North Carolina needs not only jobs, but good jobs. As a recent report by the Center for Economic and Policy Research highlights, however, good jobs are in short supply.

Good jobs pay a living wage. Read More…

State of Working NC: Keeping Workers Connected to the Labor Market Given High- and Long-Unemployment

September 6, 2012 at 1:00 pmCategory:The State of Working North Carolina

by Alexandra Sirota

Significant job loss during the Great Recession has resulted in persistently high unemployment rates and long-term unemployment in communities across the state. Some regions of the state, like former manufacturing towns and rural communities, have been particularly hard hit because the recent job loss compounds the economic transformation that has only made worse the ongoing loss of jobs. Unemployment, and particularly long-term unemployment, has been associated with a host of negative financial, family and health problems.

The worst possible outcome of long-term and high unemployment is the potential for people to become “discouraged”—to drop out of the labor market completely due to frustration with the lack of job opportunities. National studies have found that this is happening across the country. North Carolina’s labor force participation declined by almost 2 percent since the formal end of the Great Recession in June 2009. Read More…

North Carolina Needs Policies that Transform Disadvantaged Areas into Communities of Opportunity

September 5, 2012 at 10:19 amCategory:NC Budget and Tax Center | The State of Working North Carolina

by Tazra Mitchell

The newly released State of Working North Carolina Chartbook reveals how several economic trends over the 2000s resulted in diminished opportunities for the state’s workers. Although the Chartbook does not review how workers are faring at the neighborhood level due to data limitations, it has been well-documented by the Budget and Tax Center that too many North Carolinians are concentrated in high-poverty neighborhoods where good education and job opportunities are severely limited. North Carolina needs policies that will strengthen the opportunity structure—especially in disadvantaged areas—in order to build a more inclusive economy that will support workers and the recovery.

As evidenced by high poverty rates and other economic indicators like joblessness and business vacancy rates, some neighborhoods are hurting more than others and the need to rebuild is clear. Disparities in economic opportunity at the neighborhood level have persisted during the decades-long transformation in the state’s economy and have grown since the Great Recession. Some neighborhoods’ economic hardships have been shaped by the isolation from good jobs and expanding industries, commercial disinvestment, and inequitable outcomes rooted in government policies. Although the underlying causes of disadvantage may vary from community to community, the negative effects of living in an opportunity-deprived area are largely uniform, wide-ranging, and destructive. Read More…

The State of Working North Carolina: Policy Options for Addressing the Jobs Crisis

September 4, 2012 at 3:43 pmCategory:NC Budget and Tax Center | The State of Working North Carolina

by Allan Freyer

As shown in the recent report on the State of Working North Carolina, many families and workers across the state lost ground during the 2000s. During this “lost decade,” workers experienced stagnant or falling wage growth, anemic job growth in the recovery from the 2001 recession, and the catastrophic job losses of the Great Recession of 2007-2009. And in the three years since the formal end of the Great Recession, North Carolina has struggled to make up this lost ground—unemployment remains persistently high, with at least three workers for every available job opening.

In the face of this challenge, policy makers need to promote solutions that address the immediate crisis in employment and establish long-term path for building a sustainable employment base for the industries of the future.