Missing Workers, NC Budget and Tax Center

Missing Workers Update: April 2014

Last week the Bureau of Labor Statistics and the NC Division of Employment Security released data on the state of North Carolina’s labor market. While the decline in the official unemployment rate may have generated headlines, the reality is the labor market continues to provide too few job opportunities for those who seek work.

The number of missing workers, which estimates who would be in the labor market if job opportunities were stronger, provides additional insight into the state of North Carolina’s labor market.  As of April 2014, there are an estimated 242,164 missing workers in North Carolina.  Again, these are North Carolinians who would be seeking work if jobs were available. If these workers were included in the official unemployment rate that rate would be nearly twice the official unemployment rate: 11.4 percent rather than 6.2 percent.

BTC - Missing Workers April 2014

Check Also

Governor Cooper recognizes North Carolina is in a hole, stops digging

Governor Cooper released a proposed budget for 2018-19 ...

Top Stories from NCPW

  • News
  • Commentary

In one of the largest campaign donation forfeitures in state history, 48 improper donations from the [...]

Friends, neighbors, colleagues of commission chairman Jim Womack submit nearly identical letters cla [...]

When N.C. House Speaker Tim Moore and Senate President Pro Tem Phil Berger addressed reporters last [...]

Big corporations and wealthy executives have been on quite a run. Corporate profits are at historic [...]

There are a lot of important statistics that confirm just how out of whack the U.S. economy has grow [...]

The post Bite the Apple & NC’s HB2 Legacy appeared first on NC Policy Watch. [...]

When I headed off to college, I could not have predicted that many of the funding streams, positions [...]

For those who pay only periodic attention to the ins and outs of lawmaking in the North Carolina Gen [...]

Now hiring

NC Policy Watch is now hiring a Managing Editor – click here for more info.