The LEAD Feed
2017 NAICS Release and North Carolina Industries
The United Census Bureau introduced the 2017 North American Industry Classification System (NAICS) structure this year, as is done every five years. When looking at changes occurring in North Carolina, there are several worth noting.
The Geography of Job Growth in North Carolina
The success of large urban metros has been well-documented across the country; They have long-since recovered from the Great Recession, while rural areas are still struggling by and large. The idea that our very different urban and rural areas are competing against each other might not be fair, or realistic. The question we need to be asking is how are these areas doing relative to similarly sized geographies across the United States? And more importantly, what can we learn from these comparable areas outside of our state?
Unemployment and the Great Recession in North Carolina: What You Need to Know
LEAD recently released a report examining unemployed workers and unemployment insurance recipients in North Carolina during the Great Recession of 2007-2009 and its aftermath. This article outlines our main findings, highlighting the attributes and employment outcomes of the long-term unemployed in our state.
Severe Weather and BLS Data (Hurricane Harvey)
On September 15, 2017, the Bureau of Labor Statistics (BLS) released the State Employment and Unemployment news release for August 2017. With so many people impacted by the never-ending barrage of storms in the news lately, BLS included the following statement.
A more human estimation on the impact of automation on our jobs?
Different research articles have different conclusions about the rate of automation and its impact on future work. This article explores a new approach developed by ITIF by seeing how it operates in North Carolina.
New Report on the North Carolina Economy
What happened in the North Carolina economy in 2016? How did the economy fare compared to the U.S. and previous years? What key trends are emerging since the Great Recession? A new LEAD report looks at several key economic indicators for the state, including population and labor force growth, unemployment and wage trends, industry and GDP changes, and projected employment.
North Carolina’s Top 300 Private Employers Released
North Carolina releases a list of Top 300 Private Employers, compiled annually, based off the first quarter employment size as reported by the Quarterly Census of Employment and Wage (QCEW) program. The list breaks out employers by manufacturing and nonmanufacturing.
What happened to middle-wage jobs in North Carolina?
What happened to middle-wage jobs? This is a question that can be seen on dozens of news article headlines across the country. Although the economy is growing, the types of occupations that have returned since the recession have been uneven. A troubling aspect of employment growth over the past decade has been the decline of middle-wage jobs combined with the explosion of low-wage professions.
A Slow Jobs Recovery in the Sandhills
The Sandhills Prosperity Zone has undergone a transformation in its economy since the turn of the century—while its population has grown (mainly through natural increase rather than in-migration), the number of jobs has actually fallen by 1.7 percent. At the same time, the industry mix of the region has shifted in ways typical of other rural regions of the state—with a decline in manufacturing and a shift to jobs in health care, retail, and accommodation and food service. While manufacturing is still important to the region, the mix of types of manufacturing is different. While this shift from goods-producing to service-producing has occurred throughout the state, however the Sandhills region has not gained enough jobs to grow their economy to the same extent as the state.
The Decline of Summer Employment
Decline in the labor force participation is an often-discussed topic of the recent Great Recession and its recovery. Numerous demographic factors have played a role in the decline, including the growing number of older Americans and their decreasing labor force participation rates. However, there has been a real effect from the decline of youth employment – primarily youth seeking summer work. This article discusses youth summer employment in North Carolina, and its changes over the past two decades.