North Carolina businesses have reported more than 3,000 planned layoffs for this year, according to the state. But new job advertisements and job postings far outweigh the number of people laid off.
The North Carolina Department of Commerce has announced more than 21,000 jobs so far this year, though some of them are taking a few years to come online. In the same time frame, the department received notice of 3,042 layoffs from businesses statewide.
The largest plant closure announced in North Carolina this year is DENSO Manufacturing in Greenville, where the company is laying off 475 people, according to a notice filed with the state. DENSO manufactures small engines at the plant in Greenville and across the state in Statesville.
Most of those jobs are moving to DENSO’s facilities in Statesville, according to Uconda Dunn of Greenville – Eastern North Carolina Alliance.
“We are working on specific career fairs for DENSO operations only. We have several manufacturers in the area, several within a quarter mile of this location, who are hiring,” Dunn said. “DENSO has been a great business partner in this community.”
When large companies plan to lay off more than 50 workers, they are required to file Worker Adjustment and Retraining Notifications, also known as WARN notices, with the state Department of Commerce.
Last year, companies filed WARN notices about about 5,600 workers in North Carolina. However, this number is higher than expected. Nearly 2,000 workers have been told they will be laid off after a massive fire at the QVC distribution center in Rocky Mount. The company filed this notice on December 29.
In 2020, WARN notices reported more than 31,000 layoffs in North Carolina as the COVID pandemic crippled the economy.
But big new job ads in North Carolina seem to be coming in every week or so. Toyota is building a new battery plant in the Triad and plans to create 1,750 jobs when it opens in 2025. Boom Supersonic plans to add another 1,750 jobs in the coming years by building next-generation supersonic jets at the Piedmont Triad International Airport.
There have been dozens of other job ads this year, adding dozens or hundreds of jobs each.
“Global businesses see the opportunities for success with our strong manufacturing economy, the largest manufacturing workforce in the Southeast, and an excellent location on the East Coast,” Governor Roy Cooper said in a news release on Tuesday. , announcing 37 additional jobs with a plastics manufacturer in Davidson County.
The July unemployment rate was 3.7% in North Carolina, according to the Bureau of Labor Statistics. There is a labor shortage in North Carolina and across the country, making it a very worker-friendly market.
On August 23, the governor announced 251 additional jobs in Wilson County. Biotechnology company ABEC, Inc. plans to invest $11 million in the town of Wilson for a new manufacturing facility, according to the governor’s office.
“North Carolina’s deliberate focus on developing a workforce for the biotechnology industry continues to pay off in choices like the ABEC decision,” the secretary told the North Carolina Commerce, Machelle Sanders, in a press release. “We will continue to invest in specialized education and training programs that make our state the number one place to do business in the nation.