Why N.C. lost so many jobs
Why N.C. lost so many jobs, News & Observer – May 20, 2012. At the worst point in the recession, the state’s jobless rate soared to 11.4 percent, tied for seventh-highest in the nation. The big question is, why?…States with a greater reliance on manufacturing, states with larger plunges in housing prices and states with higher in-migration rates of households from other states had significantly bigger hikes in unemployment during the recession… Column contributed by Michael L. Walden, a William Neal Reynolds distinguished professor at NC State.
