Quantcast

NC jobless rate to test McCrory comeback claim - Greenville, NC | News | Weather | Sports - WNCT.com

NC jobless rate to test McCrory comeback claim

Posted: Updated:
RALEIGH, N.C. (AP) - North Carolina's unemployment rate is being announced for the first time since Gov. Pat McCrory started taking credit for an economic comeback he says resulted from Republican tax cuts and fewer business regulations.

Officials will announce the December jobless rate for the state on Tuesday.

McCrory began saying this month that North Carolina was mounting a comeback reflected by a 2 percentage point drop in the state's unemployment rate since he took office last January.

But economists warn that drop could be because so many people have become discouraged, are giving up on finding a job and are no longer being counted. The state's population of working-age adults who are looking for jobs shrank by 95,000 in the past year.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • BusinessMore>>

  • AP source: Thieves got into 1K StubHub accounts

    AP source: Thieves got into 1K StubHub accounts

    Wednesday, July 23 2014 2:03 AM EDT2014-07-23 06:03:45 GMT
    A law enforcement official and online marketplace StubHub say cyber thieves got into more than 1,000 customers' accounts and fraudulently bought tickets for events.
    Cyber thieves got into more than 1,000 StubHub customers' accounts and fraudulently bought tickets for events through the online ticket reseller, a law enforcement official and the company said.
  • China detains employees of seller of suspect meat

    China detains employees of seller of suspect meat

    Wednesday, July 23 2014 2:03 AM EDT2014-07-23 06:03:43 GMT
    McDonald's and KFC in China faced a new food safety scare Monday after a Shanghai television station reported a supplier sold them expired beef and chicken.
    Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants were detained by police Wednesday after an official said illegal activity was an organized effort by the...
  • SEC poised to end $1 a share for some money funds

    SEC poised to end $1 a share for some money funds

    Wednesday, July 23 2014 1:10 AM EDT2014-07-23 05:10:56 GMT
    Regulators are expected to vote Wednesday to end a longtime staple of the investment industry - the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors.
    Regulators are expected to vote Wednesday to end a longtime staple of the investment industry - the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors.
  • Most Popular StoriesMost Popular StoriesMore>>

  • Sharks in the sound: researchers study aims to ease fears

    Sharks in the sound: researchers study aims to ease fears

    Monday, July 21 2014 6:06 PM EDT2014-07-21 22:06:04 GMT
    Millions of people enjoy North Carolina waters every year. But few of those people stop to think what they may be swimming in.
    Millions of people enjoy North Carolina waters every year. But few of those people stop to think what they may be swimming in.
  • Things You Only Hear in the South

    Things You Only Hear in the South

    Friday, June 20 2014 8:10 PM EDT2014-06-21 00:10:48 GMT
    Here are a mess of words and phrases that make the South unique and awesome.
    Here are a mess of words and phrases that make the South unique and awesome.
  • Audit: Ex-Tarboro manager siphoned off town funds

    Audit: Ex-Tarboro manager siphoned off town funds

    A state audit has determined that the former manager in Tarboro siphoned off more than $450,000 in taxpayer funds to provide himself with unapproved benefits and to buy personal items unrelated to his job.
    A state audit has determined that the former manager in Tarboro siphoned off more than $450,000 in taxpayer funds to provide himself with unapproved benefits and to buy personal items unrelated to his job.
Powered by WorldNow

3221 South Evans Street
Greenville N.C. 27834

Telephone: 252.355.8500
Fax: 252.355.8568
Email: newsdesk@wnct.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.