News

  • Consumer Confidence Rises in May…

    USA Today May 26, 2020 Amid the historic Coronavirus crisis, economies across the country have taken unprecedented hits. But for the first time in two months, consumer confidence has risen as businesses slowly reopen. However, consumer confidence still sits near six-year lows. The Conference Board’s......

  • Workforce Initiatives and COVID-19: Keeping the Goals in Sight

    EdNC (press release) May 26, 2020 The dramatic move from tight job markets to record-high unemployment shouldn’t blur the vision of North Carolina workforce leaders when it comes to credentialing and skills development strategies. Last year was a “banner year” for workforce related initiatives, with......

  • White House Economic Adviser Predicts Unemployment Rate Will Still be in Double Digits on Election Day

    Washington Examiner May 24, 2020 High unemployment rates on Election Day typically spell trouble for the party in power. Thus it was significant when the Trump Administration’s chief economist recently speculated that the nation could see a continued crush of coronavirus-related joblessness into November. “Yes,......

  • How the US Can Reduce Unemployment and Reverse a Steep Recession

    How the US Can Reduce Unemployment and Reverse a Steep Recession Forbes, April 10, 2020 (Opinion) Onetime presidential candidate Steve Forbes offers opinion on steps the newly formed task force to re-open the economy can take to tackle unemployment. One suggestion Forbes makes in the......

  • What is an Essential Service in a Pandemic? The Post Office.

    What is an Essential Service in a Pandemic? The Post Office. The New York Times, April 14, 2020 (Opinion) As businesses across the country seek solutions for surviving the COVID-19 outbreak, the United States Postal Service is in major need of the same assistance. The......

  • Data Gaps May Complicate Measurement of Shutdown Consequences

    Data Gaps May Complicate Measurement of Shutdown Consequences Regions Economic Preview, April 13, 2020 Lag-times in the official calculation of unemployment rates likely mean the full impact of COVID-related job losses won’t show up in Bureau of Labor Statistics reports until the April employment figures......

  • The Revolution After the Crisis

    The Revolution After the Crisis Forbes, March 31, 2020 Writer Daniel Araya offers a comprehensive but concise look at what our world and economy may look like after the COVID-19 crisis passes. With intricate opinion on our current national and global economic infrastructure, Araya offers......

  • US Unemployment to Soar to 11.5% Due to Small Business Layoffs, UNC Says

    US Unemployment to Soar to 11.5% Due to Small Business Layoffs, UNC Says WRAL TechWire, March 30, 2020 Passage of $2 trillion in federal stimulus will help support the country’s economy while the COVID-19 pandemic runs its tragic course. Will it be enough? Time will......

  • Most Agree That Reforming the NC Tier System is Necessary, But How?

    Most Agree That Reforming the NC Tier System is Necessary, But How? Chatham News & Record, March 23, 2020 Since its creation in 1996, North Carolina’s Tier system has been the primary methodology by which state resources are allocated to communities based on economic need.......

  • Report: Virus Puts Millions of Jobs at Risk; Economist Predicts ‘5 Digit’ Losses in NC

    Report: Virus Puts Millions of Jobs at Risk; Economist Predicts ‘5 Digit’ Losses in NC WRAL TechWire, March 17, 2020 North Carolina’s unemployment rate at the end of January was a scant 3.6 percent. But that figure is about to grow higher as the coronavirus......