The decade since the end of the Great Recession has seen tepid job growth and North Carolina losing much of the lead it previously held compared to employment gains nationwide.
The Great Recession erased all of the net job growth from the 2000s but the last decade has seen weaker job growth than during the 1990s, the previous period of sustained employment gains. Net job growth in North Carolina since 2010 has been under 20%, compared to 22% during the 1990s, and the lead North Carolina enjoyed compared to the national average has been cut by more than half. As a result, a smaller share of North Carolinians are working today than before the Great Recession and well below were we were in the 1990s. All of this underscores the lack of full recovery and an economy that is still leaving too many North Carolinians behind.