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In the past few years, there have been many articles about declining home ownership. Nationally, the March Current Population Survey (CPS) shows that homeownership peaked at 69.2% of households in 2005 and has declined steadily since then. In the most recent data, the U.S. homeownership rate was 64.6% in 2014. This is the lowest homeownership rate since 1995, but not the lowest recorded in this data: 63.6% of U.S. households owned or were in the…
1) Total births are not rebounding to 2007 levels. North Carolina births peaked in 2007, with nearly 131,000 babies born to North Carolina residents. Since then, total births have steadily declined. In 2013, 119,000 babies were born, a decline of 9% from the 2007 peak. 2) NC fertility rates are at their lowest level since 1996. The general fertility rate, measured as the number of live births per 1,000 women of childbearing age (women age…
“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…
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