North Carolina’s unemployment rate fell to 3.6% in June, below the national rate of 4.2%.
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North Carolina’s unemployment rate fell to 3.6% in June, below the national rate of 4.2%.
North Carolina awarded $13.7 million in neighborhood revitalization grants to 13 communities for housing, infrastructure and community improvement projects.
Governor Roy Cooper announced 24,224 new jobs in North Carolina last year, representing 185 business recruitment, expansion or rural development projects that engaged with the North Carolina Department of Commerce or its team at the Economic Development Partnership of N.C. in 2021. These projects will bring $10.1 billion of capital investment into the state, marking new all-time highs for economic development performance.
Glen Raven, Inc., a leading provider of innovative performance textiles with widely recognized brands including Sunbrella® and Dickson®, will create 205 new jobs as it expands its Custom Fabrics operations in Warren County, Governor Roy Cooper announced today. The company will invest up to $82 million in Norlina.
The North Carolina Department of Commerce released the county tier designations for 2021 today. The designations, which are mandated by state law, play a role in several programs that assist in economic development.