skip to main content
skip to newscasts

Tuesday, May 7, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Alaska covers fewer kids with public insurance vs. 2019; Judge Cannon indefinitely postpones Trump's classified docs trial; Federal initiative empowers communities with career creation; Ohio teacher salaries haven't kept pace with inflation.

view newscast page
play newscast audioPlay

Former Speaker Paul Ryan weighs in on the 2024 Presidential election. President Biden condemns anti-semitism. And, the House calls more college and university presidents to testify on handling pro-Palestine protests.

view newscast page
play newscast audioPlay

Bidding begins soon for Wyoming's elk antlers, Southeastern states gained population in the past year, small rural energy projects are losing out to bigger proposals, and a rural arts cooperative is filling the gap for schools in Pennsylvania and West Virginia.

Report Examines North Carolina Economic Incentive Programs

play audio
Play

Tuesday, February 17, 2015   

RALEIGH, N.C. - A bill is expected in the State Assembly as early as this week for a new jobs plan at the urging of Governor Pat McCrory.

However, the bill comes on the heels of a new report from the North Carolina Justice Center that indicates 60 percent of job projects under the Job Development Investment Grant (J-DIG) program have failed to deliver what had been promised.

Study author Allan Freyer, director of the Worker's Rights Project with the North Carolina Justice Center, questions the allocation of additional funds.

"If there were any other program in state government that failed 60 percent of the time, the Legislature would have eliminated it already," says Freyer.

The J-DIG program has a spending cap of $22.5 million annually. Recently, more than half of that money was awarded to MetLife in Charlotte, which Freyer says reduces the availability of funds for smaller companies in rural communities where jobs are badly needed. The report says 90 percent of J-DIG dollars have gone to urban communities, while more than 77 percent of projects approved in rural communities have failed.

Supporters of the J-DIG program say it enables the state to compete for new projects or expansions with existing employers. The money is not awarded to companies until they fulfill their promise of added jobs, but Freyer says the money for J-DIG is still a line item in the budget and cannot be allocated to other proven programs.

"It's less money that's available for the real building blocks of economic growth like education, job training, industrial and transportation infrastructure," he says. "These are the types of investments that actually promote broadly shared economic growth that benefits everyone in the state."

The report recommends the state examine why so many incentive programs are failing, improve the evaluation process before projects are approved, and focus incentives in industries predicted to experience the largest growth.


get more stories like this via email

more stories
The Consumer Confidence Comic helps consumers get the best bang for their buck when purchasing a used car. (Oregon Consumer Justice)

Social Issues

play sound

Buying a used car can be a risky proposition, but a new consumer guide can help people avoid common pitfalls. The nonprofit Oregon Consumer Justice …


Social Issues

play sound

Buying a used car can be a risky proposition but a new consumer guide can help people avoid common pitfalls. The nonprofit Oregon Consumer Justice …

Social Issues

play sound

Special state funding for mental health staff at Michigan public schools during the pandemic is ending this year, leaving schools scrambling to find …


Social Issues

play sound

A staggering 93% of transgender teens live in a state that has enacted or proposed legislation that would restrict their rights, according to a new …

Environment

play sound

New maps show the extent of New York State's lead pipe replacement program. They demonstrate progress in replacing lead service lines, although the …

Social Issues

play sound

Wyoming's suicide rate ranks first in the nation, according to the most recent data, and state lawmakers are taking steps to improve access to mental …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021