NC Lowers Standards In Paying For Jobs
Unemployment has recently gone down, but it's still pushing 10 percent in North Carolina. East of Charlotte in Scotland County, the jobless rate is 16 percent. The poor economy has spurred many economic development officials to lower standards when it comes to giving incentives. For example, the state pledged $440,000 in tax credits to a textile company that moved to Caldwell County this summer for jobs that pay an average of about $19,000. That's far below the county's average salary of $28,000. David Bracken recently wrote more on the subject for The Raleigh News and Observer.