Missing Workers Update: September 2014

The official unemployment rate ticked down in September slightly to 6.7 percent but if you count the number of workers missing from the labor force–those who would be looking for work if employment opportunities were stronger–that rate would be 12.8 percent.

As Patrick Conway, an economist at UNC Chapel Hill, shared in the News & Observer this week, the untold story of the state’s labor market is the story of these missing workers and the inefficiency in the economy that must be addressed when the state does not ensure those who want to work have job opportunities.

Our September update to the number of missing workers in North Carolina demonstrates the failure of the unemployment rate alone to signal this very real problem in the labor market and the need for sound public policy responsesMissing Workers September 2014.

 

Top Stories from NCPW

  • News
  • Commentary

The state legislature marked “crossover” last week, the point at which most bills must pass at least [...]

Groups with close ties to two Board of Governors members issue blistering attacks on Nikole Hannah-J [...]

NC's Foxx and Cawthorn help lead the charge in punishing congresswoman for speaking truths abou [...]

WASHINGTON — President Joe Biden has promised a crackdown on so-called “ghost guns,” and during a U. [...]

The post Legislative blinders appeared first on NC Policy Watch. [...]

In September 2014, I was sitting with Henry McCollum at the moment a judge ordered his release from [...]

CULLOWHEE – I was elated recently when I read an article by NC Policy Watch education reporter Greg [...]

Four out of five Americans, across the political spectrum, consistently support transparency when it [...]