NC Commerce Department http://wunc.org en Unemployment Shrinks With North Carolina’s Labor Force http://wunc.org/post/unemployment-shrinks-north-carolina-s-labor-force <p></p><p></p><p>The state unemployment rate is dropping, but the labor force is also shrinking.&nbsp;</p><p></p><p>The North Carolina Department of Commerce reports unemployment fell from 8.8 percent in January 2013 to 6.7 percent in January 2014.&nbsp; But that number doesn't include people who have stopped looking for work. &nbsp;The state's labor force is made up of people who work or are trying to find jobs, and that pool shrank by more than 60,000 people during the year.&nbsp;</p><p></p> Tue, 18 Mar 2014 12:38:28 +0000 Rebecca Martinez 32263 at http://wunc.org Unemployment Shrinks With North Carolina’s Labor Force New Nonprofit CEO Slows Partial Privatization Of NC Commerce Dept. http://wunc.org/post/new-nonprofit-ceo-slows-partial-privatization-nc-commerce-dept <p></p> Wed, 29 Jan 2014 12:36:41 +0000 Jorge Valencia 29675 at http://wunc.org New Nonprofit CEO Slows Partial Privatization Of NC Commerce Dept. North Carolina's Innovation Economy Has A Long Way To Go http://wunc.org/post/north-carolinas-innovation-economy-has-long-way-go <p></p><p><span style="line-height: 1.5">&nbsp;&nbsp;</span></p><p><span style="line-height: 1.5">&nbsp;&nbsp;</span>A new Report by the <a href="http://www.nccommerce.com/scitech">North Carolina Department of Commerce's Office of Science &amp; Technology</a>&nbsp;<a href="http://www.nccommerce.com/scitech"> </a>shows the state is a leader in innovation, but it also points out the many ways in which we need to improve.&nbsp;</p><p> Wed, 22 Jan 2014 16:47:33 +0000 Alex Granados & Frank Stasio 29316 at http://wunc.org North Carolina's Innovation Economy Has A Long Way To Go Veteran CEO Tapped To Lead NC Commerce Privatization Plan http://wunc.org/post/veteran-ceo-tapped-lead-nc-commerce-privatization-plan <p></p><p>The state Commerce Department has hired a new leader to re-vamp and privatize economic development across the state.&nbsp; Richard Lindenmuth is the new Interim CEO of the Economic Development Partnership of North Carolina.</p><p>Lindenmuth has served as CEO of more than ten companies, and was president of ITT's Business and Consumer Communications Group in Raleigh.</p><p>Commerce Secretary Sharon Decker promised a total re-organization of her department.&nbsp; So, today, she and Governor Pat McCrory announced their choice for head of the new state partnership.</p> Wed, 08 Jan 2014 02:15:24 +0000 Leoneda Inge 28577 at http://wunc.org Veteran CEO Tapped To Lead NC Commerce Privatization Plan NC Commerce Talks Privatization http://wunc.org/post/nc-commerce-talks-privatization <p></p><p></p><p><a href="http://www.nccommerce.com/about-our-department/boards-commissions/economic-development-board">North Carolina’s Economic Development Board</a> is reviewing strategies and making suggestions on how to help re-vamp the state Commerce Department.</p><p>Commerce Secretary Sharon Decker says she’s pretty positive the Economic Development Partnership of North Carolina will be a reality.</p><p>“It’s a total re-organization, it is indeed.&nbsp; Redesign, I guess is a better way to say it," said Decker.</p> Thu, 12 Dec 2013 03:43:23 +0000 Leoneda Inge 27253 at http://wunc.org NC Commerce Talks Privatization Commerce Says Military Veterans And Economic Opportunity Equals Good Fit http://wunc.org/post/commerce-says-military-veterans-and-economic-opportunity-equals-good-fit <p></p><p></p><p>A report by the state Commerce Department highlights the economic impact of the military in North Carolina.</p><p>The Commerce Department says the state has a tremendous opportunity to grow the economy by helping military personnel find employment after their service ends.&nbsp;</p><p>More than 60,000 people stationed in North Carolina are projected to leave the military over the next five years.&nbsp; Commerce spokesman Josh Ellis says many of them will stay here.</p> Mon, 11 Nov 2013 10:00:00 +0000 Leoneda Inge 25527 at http://wunc.org Commerce Says Military Veterans And Economic Opportunity Equals Good Fit Privatized Commerce Corporation Raises Critics’ Ire http://wunc.org/post/privatized-commerce-corporation-raises-critics-ire <p><font size="2">Big changes are coming to the state commerce department. </font></p><p><font size="2">A new public/private non-profit will be taking over some of the duties of recruiting new business to the state next year. But critics of the <a href="http://www.governor.state.nc.us/newsroom/press-releases/20130408/governor-mccrory-launches-partnership-prosperity-new-economic">N.C. Partnership for Prosperity</a> say similar efforts in other states have failed. Host Frank Stasio talks to&nbsp;</font></p> Wed, 30 Oct 2013 16:14:14 +0000 Alex Granados & Frank Stasio 24965 at http://wunc.org Privatized Commerce Corporation Raises Critics’ Ire State Jobless Numbers Delayed http://wunc.org/post/state-jobless-numbers-delayed <p></p><p></p><p>The state Commerce Department was scheduled to release North Carolina’s September jobless rate today.&nbsp; But figures are on hold because of the federal government shut down.</p><p>Just like every other state across the country, North Carolina’s jobless numbers are crunched by the Bureau of Labor Statistics.&nbsp; But the 16-day government shutdown has resulted in a delay to the states.&nbsp; Most of the people responsible for analyzing the data were furloughed.</p> Tue, 22 Oct 2013 10:41:09 +0000 Leoneda Inge 24507 at http://wunc.org State Jobless Numbers Delayed N.C. Unemployment Rate Up Slightly After Months Of Decline http://wunc.org/post/nc-unemployment-rate-slightly-after-months-decline <p>The state unemployment rate is up for the first time since January.&nbsp;</p><p>North Carolina's Commerce Department said this morning July's jobless rate was 8.9 percent, up from 8.8 percent the previous month.&nbsp; The rate had been dropping or staying level for five straight months until now.&nbsp;</p> Mon, 19 Aug 2013 16:29:44 +0000 Will Michaels 21004 at http://wunc.org N.C. Unemployment Rate Up Slightly After Months Of Decline North Carolina's Export Business Continues To Boom http://wunc.org/post/north-carolinas-export-business-continues-boom <p>North Carolina’s export business around the world continues to boom.&nbsp; Numbers from the U.S. International Trade Administration show merchandise exports jumped by 6% compared to this time last year – up to $14.8 billion.</p><p>Jean Davis is the Director of International Trade for the state Commerce Department.&nbsp; She says excluding a dip in 2008 during the recession, exports have been on the rise for the past decade. Mon, 12 Aug 2013 22:02:52 +0000 Leoneda Inge 20648 at http://wunc.org North Carolina's Export Business Continues To Boom