The largest employer in Forsyth County will eliminate 950 jobs by next summer. Wake Forest Baptist Medical Center is bracing for a decrease in medical reimbursements and federal research funding. This week 76 full-time employees will be let go. By June 475 workers will be let go and another 475 positions will be eliminated through attrition and retirement. CEO Dr. John McConnell says no doctors, nurses or P.A.’s will lose their jobs.

BB&T plans to bring 1,700 jobs to Greensboro in the next five years.

Walter Dalton

The Democratic gubernatorial candidate, Lieutenant Governor Walter Dalton, announced an economic plan today that he says will create more jobs. It includes tax breaks for small businesses and a plan to attract more industries to the state. Capitol Bureau Chief Jessica Jones reports. 

Jessica Jones: Dalton officially unveiled his plan on the patio of a popular brewpub in downtown Raleigh earlier today. A few minutes into his speech, he pulled out a sweet potato and proceeded to explain why he’d brought it along to the press conference.

Across the state elected officials, business leaders and job seekers continue to monitor unemployment rates, local economic growth and job opportunities. In Greensboro the Chamber of Commerce touted some good news this week, hoping to spark a little optimism. Jeff Tiberii reports there are signs of improvement, but also lingering problems in the workforce.

Occasionally, there are headlines about a new company coming to the area and bringing a certain number of jobs with it. Politicians love to talk about job creation, but what does it really mean for a local economy when a handful of people have a shot at employment? How many new jobs would it take to have a truly positive impact on a down economy and does it matter if the jobs are low wage?

Job Fair For Veterans

Jun 1, 2012

The U.S. Chamber of Commerce is sponsoring a job fair for veterans and military spouses in Chapel Hill today. It's part of a national initiative to curb the high unemployment rate among veterans.

Charles Hayes
Gerry Collins Photography

Business Leaders, economic developers and other stakeholders came out in the hundreds to hear yesterday’s State of the Research Triangle Region address.

Leoneda Inge: Charles Hayes is President and CEO of the Research Triangle Regional Partnership. He says in 2011 the region’s population grew by nearly two percent and wages grew by almost five-percent. But job growth is still slow. Hayes says since their economic plan was implemented in 2009 the 13 county region has added only 22,400 jobs.

North Carolina's unemployment rate is continuing to show improvement.

Gurnal Scott: The state's jobless rate in April fell to 9.4 percent down three-tenths from 9.7 percent in March. This marks four straight months that the rate has gone down. Larry Parker is spokesman for the state Commerce Department's Division of Employment Security. He says while the decrease is good news, it doesn't mean the state's economic recovery is speeding up.

The U.S. Department of Labor is investigating the closure of an American Express call center in Greensboro.

President Obama at Cree
Brent Kitchen

Business and political leaders gathered in Durham this afternoon for a visit by Barack Obama. He spoke at CREE manufacturing, a company that specializes in L-E-D lighting. Mr Obama announced a plan to train 10 Thousand new American engineers every year. The president's Jobs and Competitiveness Council took tours and met with business leaders earlier today. According to North Carolina Senator Kay Hagan, the president's plan is a step in the right direction.