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Editor's note: This is the first of a five-part special report, "Jobs Conundrum," focusing on the multiple challenges facing North Carolina's economy: Not ....
Editor’s note: This story is one a special report on North Carolina’s “job conondrum.” As hiring continues and economic recruiting brings more jobs to the state, where is the talent to meet the demand? And even more jobs are needed as the population grows. RALEIGH – Will there be enough talent to fill new jobs coming to North Carolina? Or meet the requirements created by a growing population? Those aren’t easy questions to answer. North Carolina is experiencing population growth, so much so that it will receive a 14th U.S. Congressional seat. The state’s population increased by a net of nearly 900,000 people between 2010 and 2020, or roughly 90,000 per year, according to the latest data from the U.S. Census Bureau. ....
RESEARCH TRIANGLE PARK - One prediction from a real estate expert reflects the growing consensus of economists and those in the housing industry about the big ....
WRAL TechWire spoke Dr. Anne York, Professor of Economics, School of Business, Meredith College, via email, to inquire about how Apple’s recent announcement to build a $1 billion campus in the Triangle might impact Triangle students pursuing college degrees, how North Carolinians can understand whether economic incentive packages are worth the cost, and what this move might mean for local land use policy, by email. The conversation has been lightly edited. What does this announcement from Apple mean for the Triangle, and for students pursuing college degrees? Announcements like this by a company held in such high regard as Apple definitely puts us on the map for other businesses to take notice of us too, especially now as a hub for tech sector jobs. For college students, this helps to provide more internship opportunities and makes it easier to find work to continue to live in the Raleigh area post-graduation. ....
“While the Triangle may benefit from the modeled benefits such as the direct jobs, the spillover ones in linked industries, and the induced ones, places far from the Triangle may not benefit, A project of this scale has the potential to widen regional disparities within the state, leading the rich regions to grow richer, the poor regions, poorer.” – Duke professor Dr. John Quinterno. RALEIGH – There will be clear winners and losers, as well as a hard-to-predict set of spillover effects of Apple’s announced new Triangle facility, economists say. Higher rents but more jobs. Traffic congestion grows but more economic activity. Increased housing costs but better paying jobs. Population growth and strain on schools. That’s to cite just a few. ....