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  • Employment outlook for North Carolina

    Circuit CityEveryone knows the American economy has slowed down and many people have been affected. Layoffs have been common and many people are worried about the economy and the employment outlook.

    The economy will get better. It always does. The economy is a cycle which has it’s ups and downs. We happen to be in a down cycle right now, but in time, the economy will start booming again.

    Despite all of the stories of job losses and economic woes there are still plenty of jobs to be had in North Carolina in all kinds of fields. Some job areas are booming despite any bad economic news you may hear. There are some sectors that never slow down, even in an economic recession or depression.

    One such sector is health care. It doesn’t matter what the economy is like, people will always need medical care and to be seen by doctors and nurses. There will always be a need for CPA’s, LPN’s, RN’s, Phlebotomists, and other health care technicians. In fact, Registered Nurses have the fastest growing occupational outlook in North Carolina. Also in the health field, home health aides, orderlies, and nursing aides have a very good economic outlook, especially as the Baby Boomers are getting older and needing more health care. Despite what the media says about the economy, go to any hospital, doctors office, or nursing home and you will find they are always very busy places.

    Other occupations with a good outlook are cashiers, retail salespersons, and waiters and waitresses.

    Also on the list of growing occupations are food preps, janitors, truck drivers, office clerks, customer service representatives, administrative assistants, teacher assistants, maintenance and repair Workers, sales representatives, and receptionists.

    All of the previous occupations listed are the fastest growing in North Carolina.

    Some of the fastest declining occupations in North Carolina include Textile Winding, Twisting, and Drawing Out Machine, Sewing Machine Operators, Textile Knitting and Weaving Machine Setters, Industrial Machinery Mechanics, Farm, Ranch, and Other Agricultural Managers, Upholsterers, Farming, Fishing, and Forestry Workers, Data Entry Keyers, Woodworking Machine Setters, Operators, and Tender, Word Processors and Typists, Computer Operators, Loan Interviewers and Clerks, Farmworkers, Farm and Ranch Animals.

    The unemployment rate has risen and many people are looking for work. It could be hard to find employment at this time, but there are jobs out there, there are just more people applying for the same jobs.

    With time, the economy will build back up and there will be more jobs. Many people are relying on unemployment checks while they look for another job.

    doctor and nursesPeople in some occupational sectors may need to find a new job sector to work in as some sectors are slowing down and laying off workers. If you find yourself in an occupation that is cutting back workers, now is the best time to get training in another area.

    With the economic slowdown, it may be an ideal time to go back to school or take classes to get training or a degree in a new field where more jobs are opening up. The Workforce Reinvestment Act (WIA) is a federally funded program to help people with employment and training.

    If you are out of work, this is also a good time to brush up on your interview skills and resume writing. Make your resume look as good as possible to a prospective employer and be sure to add any volunteer work or any other non paid experience that make your resume look better. If you are out of work, it could be a good idea to start volunteering, which would give you experience in a job field, possible job leads, as well as look good on your resume.

    North Carolina has experienced up and downs in the economy but North Carolina has always bounced back. There may not be as many jobs available now as there were 5 years ago and it’s a difficult time right now, but the future job outlook is good. More jobs will be made, there will always be jobs in the tourism industry near North Carolina’s beaches, and new job sectors are growing.

    You still need to calculate your taxes when you receive unemployment benefits.

    All unemployment insurance benefits are subject to both State and Federal taxes. This is important to think about right from the beginning, especially since you are no doubt in need of funds immediately in order to keep up with bills and any job search related expenses. Not to mention continuing to provide the daily necessities for yourself and your family. It can be a great temptation to use the entire amount of each check to meet these needs, but it’s much smarter and less stressful to not suddenly owe money to the State or IRS at the end of the year.

    With this in mind, think seriously about making sure that tax owed on each UI check is being set aside each week. You can avoid worrying about taking care of this yourself or overspending your check, by having the tax funds automatically deducted from your weekly UI check , just as you were likely accustomed to with each check from your former employer. When you voluntarily elect to have this done, ten percent is automatically deducted for Federal Income tax (this is not changeable) and you can choose the percentage you would like to have deducted for State Income tax.

    You can easily apply for this using the form found at this link: http://www.ncesc1.com/individual/downloads/ncui500tw.dot

    Or better yet, you can avoid the extra time and hassle of applying by mail by simply filling out the application online at the same site that you can file your weekly certifications. Here is the link to that site:

    https://www.ncesc1.com/individual/individualServices/individualmain.asp

    This form also allows you to sign up for direct deposit, simplifying and speeding up the process of receiving your weekly benefits.

    You will need to have ready your Social Security number, checking or savings account information, and a voided check (for checking accounts) If you cannot apply online , you will need to downloaded the form, print it, fill it out, and mail it along with your voided check if applicable to the following address:

    Employment Security Commission

    PO Box 25903

    Raleigh, NC

    27611-5903

    You also have the option to fax the form directly to 919-733-1370.

    With all of these simple options, the process should be quick and easy, allowing you to focus on finding new employment and moving forward, while still keeping you on track with your finances by planning well for tax time.

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