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 This material may not be published, broadcast, rewritten or redistributed.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>>

  • Opponents, supporters to discuss clean air rules

    Opponents, supporters to discuss clean air rules

    Tuesday, July 29 2014 10:46 AM EDT2014-07-29 14:46:53 GMT
    Hundreds of people will tell the Environmental Protection Agency what they think of proposed rules to cut pollution from power plants during public hearings Tuesday and Wednesday in Denver.
    Hundreds of people will tell the Environmental Protection Agency what they think of proposed rules to cut pollution from power plants during public hearings Tuesday and Wednesday in Denver.
  • US stocks inch higher ahead of economic reports

    US stocks inch higher ahead of economic reports

    Tuesday, July 29 2014 10:45 AM EDT2014-07-29 14:45:54 GMT
    Asian stocks extended gains Tuesday with the South Korean stock market closing at a three-year high ahead of U.S. and Chinese economic reports later this week.
    Rising profits and corporate moves nudged the U.S. stock market higher in early Tuesday. Major indexes in Europe and Asia climbed ahead of a string of U.S. and Chinese economic reports later this week.
  • US consumer confidence jumps to 90.9 in July

    US consumer confidence jumps to 90.9 in July

    Tuesday, July 29 2014 10:36 AM EDT2014-07-29 14:36:18 GMT
    U.S. consumers are more confident about the economy than they have been in nearly seven years.
    U.S. consumers are more confident about the economy than they have been in nearly seven years.
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.