News

Are We In for a Strong Economic Recovery?

(Morganton) The News Herald (Commentary) June 22, 2020 May’s employment report, which showed falling unemployment rates and the growth of 2.5 million new jobs nationally, caught most economists by surprise. NC State’s Mike Walden was among them. “Instead of millions - some economists thought as many as...

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Remote Work Won’t Work

National Review (Op-Ed) Will teleworking become the post-pandemic norm? Michael Strain, Director of Economic Policy Studies at the American Enterprise Institute, is skeptical. Qualities such as trust, team cohesion and collegiality take root through daily face-to-face interactions in workplaces. “People - including me - who are...

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North Carolina Studies Offshore Wind Opportunities

Riviera Maritime Media June 19, 2020 An important source of future job creation for North Carolina is now taking shape in the form of offshore wind energy. The Office of Science, Technology and Innovation at the NC Department of Commerce recently issued an RFP calling for consultant...

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Wheeling Chamber Closing Temporarily

(Chicago) Daily Herald June 2, 2020 With local businesses reeling from the COVID-19 shutdown and no help from the federal Payroll Protection Program (PPP), the chamber of commerce in Wheeling, Ill., has shut its doors. As a 501(c) 6 not-for-profit, the organization relies on funding from memberships...

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Consumer Confidence Rises in May…

USA Today May 26, 2020 Amid the historic Coronavirus crisis, economies across the country have taken unprecedented hits. But for the first time in two months, consumer confidence has risen as businesses slowly reopen. However, consumer confidence still sits near six-year lows. The Conference Board’s senior director...

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Workforce Initiatives and COVID-19: Keeping the Goals in Sight

EdNC (press release) May 26, 2020 The dramatic move from tight job markets to record-high unemployment shouldn’t blur the vision of North Carolina workforce leaders when it comes to credentialing and skills development strategies. Last year was a “banner year” for workforce related initiatives, with the launch...

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