RALEIGH — In 2021, the North Carolina General Assembly enacted a budget that funded core state responsibilities, instigated critical repairs and renovations of government facilities, built up savings reserves, and slashed tax rates on personal and corporate income.
Unemployment rates (not seasonally adjusted) increased in 98 of North Carolina’s counties in June 2024 and remained unchanged in two. Scotland County had the highest unemployment rate at 7.0 percent while Buncombe County had the lowest at 3.2 percent.
The North Carolina House Democratic Caucus has reported a fundraising advantage after the second quarter fundraising reports became available. The numbers reflect the support and enthusiasm from grassroots donors across the state, placing Democrats in a strong position as we get closer to the November elections.
CNBC named North Carolina as second best state to do business and in the top three for the fifth year in a row thanks to our well-trained and diverse workforce, booming economy, and strong business environment. In 2019, North Carolina ranked third; in 2021, the state ranked second; and in both 2022 and 2023 North Carolina ranked first.
With nearly $22 billion of clean energy investments unveiled across North Carolina, 2024 marks a significant milestone in the state’s energy leadership.
Unemployment rates (not seasonally adjusted) increased in 95 of North Carolina’s counties in May 2024, decreased in four, and remained unchanged in one. Scotland County had the highest unemployment rate at 6.0 percent while Buncombe and Currituck Counties each had the lowest at 2.8 percent.
RALEIGH: North Carolina Governor Roy Cooper and the NC Department of Health and Human Services announced new actions leveraging the state’s Medicaid program that will encourage hospitals to relieve a potential $4 billion in existing medical debt for approximately two million low and middle-income North Carolinians and ease the burden of medical debt in the future.
RALEIGH — As we once again celebrate our country’s birthday, might I suggest we spare a moment to consider our state’s role in the dramatic story of American independence?
Statement from Treasurer Folwell:
RALEIGH — North Carolina’s private sector lost an eye-popping 414,000 jobs in the most-recent quarter tracked by the U.S. Bureau of Labor Statistics. Are we on the brink of economic cataclysm? Should you buy gold and head for the hills?
The state’s seasonally adjusted May 2024 unemployment rate was 3.6 percent, increasing 0.1 of a percentage point from April’s revised rate. The national rate increased 0.1 of a percentage point to 4.0 percent.
What does it mean to be free? Many seemingly intractable disputes about specific issues — ranging from welfare spending and school choice to abortion and alcohol policy — originate from the fact that people don’t answer this question in the same way. It’s hard to have a useful political conversation without a common political language.
