South By North Strategies, Ltd.

SBN In The News: March 2011

• Asheville Citizen-Times: “Asheville-area job market starting to rebound”
• The News & Observer: “Jobs grow, but pace is glacial”
• The Winston-Salem Journal: “Triad jobless rate rises to 10.7 percent”
• Richmond County Daily Journal: “Unemployment up from 2010 ending”
• Viewpoints with Lockwood Phillips: “Radio interview on local economic conditions”
• The Winston-Salem Journal: “Jobless rate reaches lowest level in two years”
• The News & Observer: “N.C. joblessness dips, barely”
• The Charlotte Observer: “N.C. joblessness dips, barely”

SBN In The News

South by North Strategies’ analysis of the latest employment report for North Carolina appeared in a wide array of media outlets.

• The Winston-Salem Journal: “N.C. jobless rate rises to 9.9 percent in January”
• The Greensboro News & Record: “N.C. jobless rate creeps up to 9.9 percent”
• The Fayetteville Observer: “State’s January jobless rate creeps up to 9.9 percent”
• The Sun News: “NC’s January jobless rate creeps up to 9.9 percent”
• Viewpoints: Radio interview about labor market

• Canadian Business: “NC gains 4,500 new jobs in January”
• CNBC.com: “NC’s January jobless rate creeps up to 9.9 percent”
• The Street.com:“NC’s January jobless rate creeps up to 9.9 percent”
• Businessweek.com: “NC’s January jobless rate creeps up to 9.9 percent”

South By North In The News

John Quinterno of South by North Strategies Ltd. recently appeared in a news story about the Governor of North Carolina’s recent “State of the State” address.

Meanwhile, John Quinterno, a principal with South by North Strategies, a Chapel Hill research firm that analyzes the state’s economy, questioned the impact of the corporate tax cut. He said the tax generally only applies to large companies and most of them already pay a lower tax rate due to existing tax breaks.
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Of the 6.9 percent corporate income tax rate the governor proposes cutting to 4.9 percent, Quinterno said, “While it sounds good, relatively few corporations actually pay it.”
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[Gov. Bev] Perdue will face further pressure from progressives once she rolls out her budget and gives the details of her proposed cuts in programs and services. But Quinterno said she and the Republican-led General Assembly have left themselves few options given the state’s economic and budget circumstances and their unwillingness to raise taxes or revise the state tax code.
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“They are facing a very difficult situation and in some ways they are trying to square a circle,” he said. “They are trying to protect fundamental services, but at the same time trying to do that with a revenue stream and a revenue system that is not able to generate the investments that people say they want. Add to that the whole balanced budget requirement the state has and no one faces very good choices.”

SBN In The News – Feb. 3

• The News & Observer: “Thousands of state jobs might be cut balance budget”
• The News & Observer: “Layoff savings would be modest in first year”
• The Charlotte Observer: “State workers fear layoffs as legislators fill budget gap”
• The Charlotte Observer: “Job-cut savings would be modest, especially in the first year”
• The Winston-Salem Journal: “Jobless numbers mixed in region”
• The High Point Enterprise: “Unemployment rate dips but remains high”
• The News & Observer: “Triangle joblessness slips a bit”
• The Charlotte Observer: “Region’s jobless rate falls slightly”

A Discussion of NC’s Labor Market

John Quinterno of South by North Strategies recently appeared on the syndicated radio program News & Views. Quinterno and the program’s host, Chris Fitzsimon, discussed the state of North Carolina’s labor market in 2010 and looked at key issues for 2011. Click below to listen to the conversation.

Click here to listen.