#1 Best Place for Business and Careers
Forbes, 2009

Workforce

North Carolina is a "right to work" state, and has one of the lowest unionization rates in the U.S.

 

Wake County
  2007 Average 2008 Average Dec., 2009
Labor Force 440,901 452,784 451,061
Unemployment 3.5% 4.7% 8.4%

 

Raleigh
  2007 Average 2008 Average Dec., 2009
Labor Force 202,433 207,496 204,776
Unemployment 3.4% 4.4% 7.2%


Workers Compensation

According to the National Council on Compensation Insurance, North Carolina workers compensation legislation and insurance rates are generally more fiscally responsible and cost employers less money than in other states.

For additional information, please contact the following agencies:

NC Industrial Commission
4340 Mail Service Center
Raleigh, NC 27699
(919) 807-2500

NC Rate Bureau
5401 Six Forks Road
Raleigh, NC 27609
(919) 783-9790


Unemployment Insurance

2009 Taxable wage base - $19,300
Standard rate for company new to NC (First two years) - 1.2%
Minimum rate - 0.0%
Maximum rate - 6.84%
Average rate in North Carolina - 1.7%

For more information, contact:

North Carolina Employment Security Commission, UI Division
PO Box 25903, 700 Wade Avenue
Raleigh, NC 27611
(919) 733-7395
http://www.ncesc.com/business/UI/UiTax.asp