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N.C. Economic Forecast: State’s job market is strong, inflation persists

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N.C. Economic Forecast: State’s job market is strong, inflation persists


LINCOLNTON, N.C. — Excellent news for job seekers — the job market is robust in our state, in response to the North Carolia Financial Forecast report. 


What You Want To Know

  • UNC Charlotte’s Belk Faculty of Enterprise launched the quarterly North Carolina Financial Forecast this week
  • Professor John Connaughton says the labor market is robust and inflation will proceed into 2023
  • A lot of the state’s enterprise sectors could have employment will increase in 2023, the highest two being info and different providers, in response to the report

State employment is predicted to succeed in nearly 5 million by December 2023, a 1.5% improve over December 2022, and the state is projected so as to add 72,800 web jobs in 2023.

Tony Simpson, supervisor on the N.C. Works Lincolnton workplace, has labored in profession growth for over 20 years. 

“I obtained into this profession to assist others, to assist folks see their full potential,” Simpson stated. 

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Simpson says over the past 20 years, the roles in Lincoln County shifted from textiles to manufacturing. 

At N.C. Works, employers look to them for certified candidates. 

“We’re targeted on attempting to match these employers which can be searching for good candidates,” Simpson stated. 

He says he understands the financial report is predicting extra jobs in North Carolina as a result of he has seen the expansion in enterprise in his neighborhood. 

“There are a number of new companies downtown, extra retailers, extra shops, extra eating places, and that’s actually good for North Carolina,” Simpson stated. 

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In response to the report, a majority of the state’s enterprise sectors could have employment will increase in 2023. 

“North Carolina’s unemployment fee, which began 2022 at 3.9%, ought to shut the 12 months at 3.6%,” the report states.

However Connaughton additionally expects the jobless fee to extend subsequent 12 months to three.9%.



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North Carolina

Santa Claus swaps reindeer for alpacas at farm in Waynesville

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Santa Claus swaps reindeer for alpacas at farm in Waynesville


WAYNESVILLE, N.C. — At Winchester Creek Farm, Santa Claus traded in his traditional reindeer for alpacas during the farm’s Santa Tour on Monday.

The event offered visitors a unique opportunity to pose for photos with Santa and interact closely with the farm’s animals.

The farm also featured a large mailbox for children to send their letters to Santa. Luanna Baldwin, a mother from Canton, expressed her delight with the experience.

“This was a great outing to take the girls for some Christmas magic,” Baldwin said. “They’ve been asking to see Santa, write a letter specifically, so that was super fun.”

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At Winchester Creek Farm, Santa Claus traded in his traditional reindeer for alpacas during the farm’s Santa Tour, which concluded on Monday, Dec. 23.

WLOS via CNN Newsource

In addition to the alpacas, the tour allowed guests to feed and pet various other farm animals. Farm Manager Ashley Edwards highlighted the joy the event brings to visitors of all ages.

“We have people come in who are in their 60s, 70s, and above who have never touched a chicken before, and I’m able to provide that kind of happiness to their hearts to their soul, and I think it’s great,” Edwards said. “This is a memory people aren’t going to forget.”

Winchester Creek Farm has been hosting the Santa Tours for the past six years. Although this year’s event has ended, the farm offers tours throughout the year.

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Winchester Creek Farm operates as a year-round working farm, raising animals primarily for the fiber produced by their coats.

SEE ALSO | Schools closed for winter break: Family fun things to do

Featured video is ABC11 24/7 Livestream



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North Carolina

Multiple injuries reported in northeast Charlotte 8-car crash

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Multiple injuries reported in northeast Charlotte 8-car crash


CHARLOTTE, N.C. (WBTV) – An eight-car crash injured several people and shut down a major interstate on Christmas Eve, the Charlotte Fire Department confirmed.

The crash happened at Interstate 85 North at West W.T. Harris Boulevard. I-85 was shut down by 7:40 p.m. and isn’t expected to reopen before 10:40 p.m.

Of those injured, two were taken to area hospitals, according to Medic.

Crews at the scene said to expect significant delays in the area.

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For the latest traffic maps, visit drivenc.gov.

WBTV is working to find out more information. Download the free WBTV News app for the latest updates sent straight to your device.



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North Carolina

How AM radio helped storm recovery efforts in North Carolina

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How AM radio helped storm recovery efforts in North Carolina


How AM radio helped storm recovery efforts in North Carolina – CBS News

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After Hurricane Helene brought devastating flooding to North Carolina, internet and cell phone service were spotty at best. But many were able to coordinate relief efforts and get crucial information out over AM radio. Skyler Henry has the story.

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