Patrick McHugh

Posts by Patrick McHugh

Blog
April 29, 2022

More jobs in NC than before COVID, but not everyone is recovering the same

We’re back, did you miss us? We’ve taken the past few months off from covering labor market data because, well, the data were really weird. The pandemic wreaked havoc on a lot of survey collections (including last year’s Census), and the monthly labor market figures have not been spared. We’ve seen big revisions to previously…

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Chart: Percent change in jobs in each NC county since start of COVID-19
Blog
February 2, 2022

Local job data: Nearly 75% of NC counties still have fewer people working than pre-pandemic

The last local jobs report for 2021 is in. Significant strides toward recovery were made, but true economic healing has still not been realized in many communities across North Carolina.

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Chart showing a better federal response to COVID-19 has led to a faster recovery than during the Great Recession.
Blog
January 31, 2022

What will 2022 bring? We don’t know for sure, but here are a few things to keep your eye on

We here at BTC have our eye on a lot of things these days, and here are a few of the big questions that will shape the economic reality people in North Carolina will be dealing with.

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One Hundred Dollar Bill with COVID-19 mask on Ben Franklin
Blog
January 21, 2022

New NC labor market data shows state is far from full recovery

In spite of the low headline unemployment rate, there were still around 70,000 fewer jobs in November of last year than before COVID-19 decimated our economy.

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