LEAD recently released the NC Racial Equity Dashboard that examines demographic and economic data by race and ethnicity statewide, as well as by county for select measures. While this blog highlights three key findings from the dashboard to get you started, we encourage you to investigate the data on your own to uncover further valuable insights.
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In our last edition of NC Economy Watch, we described some of the ways in which our economy has changed during the COVID-19 pandemic. In this edition, we examine aspects of our economy that have not changed during the COVID-19 pandemic. For the most part, people are still working in the same industries; the labor market is tightening at the same pace; and the rise of e-commerce is where we’d expect it to be based on trends that preceded the pandemic.
The second in a series on Manufacturing in North Carolina, this article explores the sector’s economic trends over the last 30 years.
In honor of Women's Equality Day on August 26th, we are examining women’s progress in the labor market. In this brief, we'll look at wage growth from 2019-2022 to see how women have fared in North Carolina compared to men.
The 2021-2030 long-term industry employment projections dashboards are a powerful new tool to explore anticipated trends in industry employment for North Carolina and its constituent regions. This blog provides a small set of tips for users that want to learn how to take advantage of the workbook, but are unsure of how to start.
In this edition of NC Economy Watch, we examine some of the ways our economy has changed during the COVID-19 pandemic, including the rise of remote work and a resurgence of entrepreneurship.
The 2021-2030 long-term occupation projections dashboard is a powerful new tool to explore anticipated trends in occupational employment for North Carolina and its constituent regions. This blog provides a small set of tips for users that want to learn how to take advantage of the workbook, but are unsure of how to start.
The first in a series on Manufacturing in North Carolina, this blog examines the industry’s critical role in our economy.
Do high starting wages for college graduates correspond to higher earnings over the long term? How might this differ across college majors? As shown in NC TOWER with data from the Common Follow-up System (CFS), this interactive figure compares graduates’ wages across different major areas in the first and tenth years after graduating from the University of North Carolina (UNC) system.
In this edition of NC Economy Watch, we assess whether the economy is heading for a hard crash or a “soft landing”. The economic slowdown over the past year has been “soft”; although our economy is slowing, it’s still growing and showing no signs of a recession. Inflation has also slowed notably, but a “landing” is elusive as prices continue to rise.
The North Carolina Department of Commerce’s Labor & Economic Analysis Division (LEAD) is happy to note that the May 2022 Occupational Employment and Wage Statistics data is available across multiple platforms such as our Demand Driven Data Delivery System (D4), the Occupational Wage Lookup Tool, NCWorks.gov, and the BLS Website.
In this edition of NC Economy Watch, we check in on labor market conditions in our state. Fewer workers are quitting their jobs now than during the peak of the so-called “Great Resignation”. While this might suggest conditions are starting to normalize, other evidence shows our labor market remains out of balance, with still too many job openings and not enough jobseekers.
For the past 20 months, LEAD has asked North Carolina businesses about their current concerns and business conditions through a new survey we’ve created. Here are a few trends we’re watching.
As LEAD’s research has shown, automation has, is, and will continue changing North Carolina’s labor market. Preparing now for future disruptions from automation can help mitigate negative impacts. This article explores policies and strategies to do that.
Exploring the post-graduation paths of high school graduates can provide valuable information to help education and workforce stakeholders make data-informed policy and program decisions.