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“Young adults ages 20 to 24 are more likely to be neither working nor enrolled in school than their counterparts two decades ago. […] The numbers are worrying because people in their early twenties are at a critical juncture in their lives. The questions they’re tackling—What should I do for a living? Should I get a degree in this or that? How can I land a good first job?—will shape the rest of their lives.…
Researchers at UNC’s Center for Urban and Regional Studies identified 162 economically distressed tracts in North Carolina based on the 2007-2011 American Community Survey. Each distressed tract met three criteria: Unemployment rate greater than or equal to 14.5% Annual per capita income less than or equal to $16,921 Poverty rate greater than or equal to 24% Statewide, these 162 tracts represent 7.4% of North Carolina’s 2,195 census tracts. An additional 477 census tracts were not…
“One of the defining features of the Great Recession and not-so-great recovery has been the surge in long-term unemployment… Analysts have advanced several explanations for the persistence of long-term unemployment: an unintended consequence of extending jobless benefits; a mismatch between the skills unemployed workers have and what employers want; a breakdown in the efficiency of labor markets; or simply bad timing. Whatever the reason, it’s a major concern for policymakers, who fear that many of the long-term unemployed may never find their way back into…
For more than twenty years, migration has fueled North Carolina’s growth. People move from other states and countries to go to school, to work, and to retire throughout the state. Between 1990 and 2010, North Carolina gained more than 2 million new residents due to migration. New Census Bureau estimates for July 1, 2013 total population show that migration continues to drive North Carolina’s population growth: 175,000 people moved into the state since 2010, accounting…
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