Walden on Unemployment Cuts 7-23-13 A leading North Carolina economist is warning that the state's recently released unemployment

t rate num ers are a it misleading! According to North Carolina's Commerce "epartment# the state's unemployment rate remained at $!$ in the month o% &une! 'ut (i)e Walden# pro%essor o% economics at NC *tate# says the unchanged rate shouldn't alarm people +ery much! ,Cut-". /NCNN News Audio0 21131723--"2! (-34 WA5"4N 172213 617!mp3 8ime. 21s 8itle. 21131723--"2! mi)e walden 172213 617 9ut-cue. they're mo+ing into the wor) %orce: Walden adds that he elie+es North Carolina's economy is still heading in a positi+e direction! ;;;; North Carolinians hoping %or an impro+ed economy were disappointed last wee) when the state Commerce "epartment released statistics that showed that the state's unemployment rate remained unchanged in &une at $!$ percent! 'ut NC *tate economics pro%essor (i)e Walden says North Carolinians shouldn't react too harshly to the num ers! ,Cut-". /NCNN News Audio0 21131723--"2! (-34 WA5"4N 172213 627!mp3 8ime. 1<s 8itle. 21131723--"2! mi)e walden 172213 627 9ut-cue. =uite as ad as you might thin): Walden adds that the unchanged unemployment can e partially attri uted to an in%lu> o% residents to the state# and a high num er o% high school and college graduates! ;;;; *ome are concerned that North Carolina's unchanged unemployment rate is a sign o% economic stagnation# ut an NC *tate economist says North Carolinians shouldn't e worried! North Carolina's unemployment rate stalled slightly in the month o% &une# says the Commerce "epartment! 8he num er was $!$ percent in &une# the same it was in (ay! NC *tate economics pro%essor (i)e Walden is con%ident that North Carolina's unemployment rate will continue to decrease! ,Cut-". /NCNN News Audio0 21131723--"2! (-34 WA5"4N 172213 637!mp3 8ime. 1?s 8itle. 21131723--"2! mi)e walden 172213 637 9ut-cue. at the end o% 2-1@: Walden also says that using the unemployment rate to measure the state's economic health can e misleading# and that there are other %actors to consider! ;;;; Num ers released y the state Commerce "epartment indicate that North Carolina yet again had one o% the nation's highest unemployment rates at $!$ percent! With the te>tile and to acco industries continuing to struggle# pro%essor o% economics (i)e Walden %rom NC *tate says onshore and o%%shore drilling could e a huge oon %or North Carolina's economy!

,Cut-". /NCNN News Audio0 21131723--"2! (-34 WA5"4N 172213 6@7!mp3 8ime. 1@s 8itle. 21131723--"2! mi)e walden 172213 6@7 9ut-cue. economic acti+ity could come %rom that: Walden adds that it's important to )eep in mind that the unemployment rate isn't the only way to measure the state's economic growth!