Deadbolt
Well-known member
Interesting article from WRAL:
By Tyler Dukes
Raleigh, N.C. — At groundbreaking ceremonies, ribbon cuttings and company-wide announcements, governors in North Carolina have for decades appeared alongside corporate executives to herald the coming of new jobs.
They're aided by millions in taxpayer dollars that North Carolina, much like other states, uses to lure and retain businesses.
As the state dug out from the depths of the recession, the projects were seen as bright spots in the slowly recovering economy.
But years after these jobs were announced by executives and state leaders, most failed to fully materialize, a WRAL News analysis found. More than 100 companies named in job announcements since 2009 have since reported no new jobs. Some have laid off workers or closed up shop altogether...
Read more at http://www.wral.com/job-incentives-often-fail/14052627/#h5sHksqJdMgrQKDQ.99
By Tyler Dukes
Raleigh, N.C. — At groundbreaking ceremonies, ribbon cuttings and company-wide announcements, governors in North Carolina have for decades appeared alongside corporate executives to herald the coming of new jobs.
They're aided by millions in taxpayer dollars that North Carolina, much like other states, uses to lure and retain businesses.
As the state dug out from the depths of the recession, the projects were seen as bright spots in the slowly recovering economy.
But years after these jobs were announced by executives and state leaders, most failed to fully materialize, a WRAL News analysis found. More than 100 companies named in job announcements since 2009 have since reported no new jobs. Some have laid off workers or closed up shop altogether...
Read more at http://www.wral.com/job-incentives-often-fail/14052627/#h5sHksqJdMgrQKDQ.99