According to the N.C. Budget & Tax Center, the rising unemployment is being driven by all the layoffs in the public sector -- and you know who is doing the cutting there.
“We can draw a direct line between this rise in unemployment and the loss of public sector jobs,” said Alexandra Forter Sirota, director of the N.C. Budget and Tax Center. “As state job losses continue to mount, we will likely see more pronounced economic effects throughout North Carolina.”
The jobless rate rose two-tenths of a percentage point from May to June, she said. During that same period, 7,600 jobs were lost in state government. The increase in claims, she said, were being driven by a loss of jobs in state and local government. “We're now seeing the short-term impacts of de-funding vital public investments,” Sirota said.