RESEARCH TRIANGLE PARK - Boxyard RTP, a more than 18,000 square foot development built from repurposed shipping containers, will open this week. We are thankful
RESEARCH TRIANGLE PARK – The U.S. Department of Labor reported last week that nationwide unemployment has now hit the lowest point since the COVID-19 pandemic began in March 2020. Around 498,000 Americans filed unemployment claims in the last week of April, down by 92,000 from the previous week. North Carolina saw new claims drop by about 3,440 in the same period.
But that doesn’t mean the pandemic recession is over. North Carolina is still tens of thousands of jobs short of where the state was in March 2020.
The Bureau of Labor Statistics’ newly released April jobs report shows a significant decline in hiring. According to the report, U.S. businesses added 266,000 new jobs in April, a notable drop from March’s revised total of 770,000. April’s unemployment rate remains at 6.1%, a tiny change from 6% in March.
The Chamber: Findings from the Regional Economic Development Forum
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The Chamber recently hosted the Regional Economic Development Forum, which unpacked what the Research Triangle Region is and why it matters for us to be part of this globally renowned, multicounty region.
The conversation featured leaders in economic development from our region’s core counties (Orange, Durham, and Wake), who shared a timely snapshot of their economic development activities and reflections on the interconnectedness of our region.
Below are the top five takeaways from the forum. Scroll down to enjoy a crisp summary of the discussion, including key slides from our guest speakers and plans for the path ahead.
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