News

  • World economic growth is slowing. Don’t worry—yet

    Make no mistake: world growth has slowed, but it remains strong. In April, the International Monetary Fund said that the global economic upswing had become “broader and stronger.” Strong retail sales and high consumer confidence suggest that if a downturn is coming, Americans have missed......

  • So, You Think You Know WorkKeys?

    WorkKeys® is a system of standardized skills assessment that creates a portable workplace credential that transcends educational attainment. Curious about the program’s promise as a workforce innovation tool, consultant Crystal Morphis recently showed up at her local community college to take the WorkKeys® tests and......

  • How to Make Economic Development More Inclusive

    Place-based economic development relies on nuance and striking a balance between customization and scale. Can any tool fit the needs of every community? In an interview with Northwestern University finance professor Jan Eberly, Don Graves, head of corporate responsibility and community relations at KeyBank, shares......

  • North Carolina Ports Secures $62.8 Million to Fuel Expansion

    A $62.8 million loan from SunTrust Bank is enabling the North Carolina State Ports Authority to acquire three “neo-panamax” ship-to-shore cranes, which will allow the Port of Wilmington to attract and accommodate the largest container ships calling on the East Coast. Two of the three......

  • Sputtering Debate Over NC Internet Access May Have New Urgency

    Broadband will be a hot topic at this year’s General Assembly session, with many touting high-speed Internet access as the key to economic development for North Carolina’s small towns and rural regions. “Leaping the Digital Divide,” a 39-page report by the NC League of Municipalities, highlights technology disparities......

  • Schools Seek Parity in Workforce Training Courses

    Among the jobs today’s employers are struggling hardest to fill are those that require a certificate instead of a college degree. But North Carolina’s formula funds academic coursework more generously than industrial workforce development classes. While full parity would cost an additional $16 million, the......

  • Slow internet service stalls rural economic growth

    Access to fast Internet is a critical success factor for every North Carolina worker, according to editors at the Sun Journal. They hope the NC Senate will pass the BRIGHT Futures Act, which will open opportunities for private Internet service providers to tap unused bandwidth......

  • Report: Firms with UNC-CH roots generate $10B annually, employ more than 8,500

    There are 521 companies whose entrepreneurial roots extend to UNC Chapel Hill, according to a recent report by UNC’s Office of Innovation, Entrepreneurship and Economic Development. All told, they employ a collective workforce of over 70,000, with nearly 8,600 of these employees based in North......

  • Ivanka Trump, Gov. Reynolds Discuss Workforce Development in Waukee

    Iowa Gov. Kim Reynolds recently hosted White House Advisor Ivanka Trump for a tour of a work-based learning center for high school juniors and seniors in the community of Waukee. Ms. Trump is leading efforts to enact a $1 trillion federal infrastructure bill, which includes......

  • Study: Broadband expansion will be a community by community process

    Seven western North Carolina counties — Macon, Graham, Swain, Clay, Cherokee, Haywood and Jackson – are working together to improve the quality and affordability of Internet access, beginning with a survey designed to identify gaps in supply and demand of broadband service. Private-sector Internet Service......