South By North Strategies, Ltd.

Last weekend, The High Point Enterprise devoted a full article to South by North Strategies’ recent midyear analysis of North Carolina’s labor market.  From the article written by reporter Paul Johnson …

A recent report by an economics research firm indicates that any incremental gains in hiring by private employers this year is partially negated by layoffs of government workers.
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The report from South by North Strategies covers the first half of this year, which was a period before the state of North Carolina, county and municipal governments imposed any further public sector payroll cuts for the new fiscal year starting July 1.

The article concludes …

“I wouldn’t be surprised if, over the next several months, we continue to see the same dynamic of public sector job losses weighing on overall employment growth,” [John] Quinterno told The High Point Enterprise.
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The demand for workers in the private sector in North Carolina isn’t strong enough now to absorb all the government employees losing their jobs, he said.