Issue Position: Jobs and the Economy

Issue Position

In the 1980's and 90's North Carolina was a national leader in attracting new jobs and investment. During the first decade of this century we lost our competitive advantage with over regulation, poor leadership and the highest marginal tax rates in the Southeast. Since 2011 we have changed the direction of North Carolina and we are seeing results. We cut tax rates, reformed the tax code and rolled back burdensome regulations to help get our economy moving again.

North Carolina's unemployment rate has been cut in half, companies are investing in our State and job creation is on a record pace. Since 2011 we have added over 600,000 net new jobs in North Carolina and the Triangle's unemployment rate has dropped to 3.5%, the lowest in 18 years. We need to keep our tax rates low, continue to streamline regulations and take the steps necessary to encourage even more investment and better job opportunities.

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