And Refuse Blame for Policies That Drives Thousands Out of the Work Force
radical Republicans took over state government beginning in 2013, and put in
place policies to reduce unemployment insurance. They
now claim this policy was a resounding success.
The state’s December rate tumbled to 6.9 percent from 7.4 percent the month before, a level last seen in September 2008. Just a year earlier, in December 2012,
rate was 9.4 percent. North Carolina
The data was issued Tuesday by the Labor and Economic Analysis Division of the N.C. Department of Commerce. The
jobless rate for December was 6.7 percent. U.S.
Gov. Pat McCrory cited the data as a validation of Republican economic policies.
“The trend of more people getting back to work in
is great news for our state,”
McCrory said in a statement. “We continue to see that our pro-growth and
pro-jobs policies enacted over the last year are having a positive impact and
getting people into jobs.” North Carolina
Not so fast, facts, those things which often bother conservatives tell a different story.
Economists are not so sanguine about
’s employment statistics for
December and for all of 2013. North Carolina
In reality, however,
created fewer jobs in 2013 than it did in 2012. Last year’s jobs gain was
64,500, roughly two-thirds of the 89,900 jobs created in 2012. North Carolina
So how did the unemployment rate fall? Simple, North Carolina cut off unemployment benefits to thousands of persons, and many left the work force, unable to find jobs and so they gave up looking.
Just as disconcerting, the state’s labor force shrunk last year, eliminating nearly 111,000 people from the pool of those who are working or looking for work. Such a shrinkage artificially reduces the jobless rate because legions of jobless people don’t show up in the data.
“It’s the first labor force shrinkage since the end of the recession,” said Allan Freyer, public policy analyst for the
Budget & Tax
Center at the .
“It’s unprecedented, the size of it.” N.C. Justice Center
So nice going Republicans, you took a bad situation and made it worse for working families. And guess what in 2014 your massive tax cut for the wealthy and tax increase on working families will have gone into effect. Just another day at the office for conservatives.