Category: Employers

Business News Flash – Johnston County, NC

February 5, 2019 Johnston County, NC Selma, NC New Manufacturing Facility Coming to Johnston County, NC A subsidiary of Canadian auto parts manufacturer Linamar Corporation is moving into an existing building in the Selma, NC Oak Tree Industrial Park. The company manufacturers powertrains and chassis. The company expects the new facility to cost $3 million …

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November 2018 Job Numbers

The latest job numbers from the Bureau of Labor Statistics have analysts worried that economic growth may be slowing. While the unemployment rate is at 3.7% – the lowest in 50 years – payroll growth did not meet expectations. Economists predicted payroll growth of 198,000 in November, but the actual number was only 155,000. Employment in transportation …

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October 2018 Job Numbers

The latest job numbers from the Bureau of Labor Statistics point to an economy that continues to grow. Analysts had expected the economy to grow by 189,000 jobs in October, but the actual number was 227,000. Construction and manufacturing each added 17,000. Trade, transportation, and utilities added a combined total of 61,000 new jobs. Meanwhile, the unemployment rate remains unchanged at 3.7%. …

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