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Departures from labor force warp Fed’s job market measure

Tuba player Andrew Schwartz quit the Manhattan School of Music in 2011 when he saw opportunities shrinking and orchestras struggling. After a series of low-paid jobs such as selling stocks by phone, he left the workforce in August to pursue a master’s degree in business administration.

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Archive by category ''Economy

STATE POLITICS

NC Senate proposes defunding Rural Economic Development Center

The Rural Economic Development Center has disbursed more than $600 million in local aid since its formation in 1987. NC Senate Republicans want to cut off funding to the popular Rural Center, but they promise the money will continue to flow through state agencies.
ECONOMY

Change keeps this Classic fresh

Adopting ‘a culture of change’ helped grow Charlotte-based Classic Graphics from a two-man printing-press operation to a company with $70 million in projected revenue this year and a client list of Fortune 500 companies.
ECONOMY

Retired couples may need $220K for health care

After years of increasing health care costs, the outlook is improving for seniors worried about paying their medical bills during retirement.
ECONOMY

Most in new poll say recovery can be sustained

The U.S. economy will continue to recover until at least 2015 without tumbling into a recession, achieving the sustained growth that has eluded it since the last slump ended four years ago, according to a Bloomberg poll.
BUSINESS

Triangle companies in hiring mode aggressively pursue job candidates

Even though the unemployment rate remains stubbornly high, companies with ambitious hiring agendas can’t afford to sit back and wait for top-notch job candidates to show up on their doorstep.
ECONOMY

Lack of trust is at the root of many workplace problems

There is much talk today about trust and how it makes a workplace function better. The reverse is also true: a lack of trust is at the root of so many team and workplace problems.
WAKE COUNTY

In it, but unlikely to win it. Still, excitement stirs over record Powerball jackpot

Though they know their chances of hitting it big are limited, many in the Triangle say they are buying Powerball tickets just for a chance to dream about limitless luxury.
ECONOMY

NC jobless rate falls below 9 percent

North Carolina's unemployment rate fell for the third consecutive month in April, declining three-tenths of a percentage point to 8.9 percent. It marks the first time that the state's jobless rate has dipped below 9 percent since January 2009.
STATE POLITICS

BCBS influence waning with NC lawmakers

The state's largest health insurer so far this session has seen three measure pieces of legislation go against its wishes.
EDUCATION

NC Community colleges, high schools emphasize training for manufacturing jobs

North Carolina's community colleges offer skills certifications geared to advanced manufacturing, and a new Triangle apprenticeship program is launched.