Tasked with overhauling North Carolina’s unemployment insurance system, Assistant Secretary Dale Folwell of the Division of Employment Security at the North Carolina Department of Commerce believes the state’s decision to become the first in the nation to end extended benefits for the long-term unemployed will lead to healthier companies and more economic development, thereby creating more jobs. On this program, Folwell explains how benefits paid during the recession led to billions in debt, which falls to employers to pay. He gives an update on the efforts to pay down the debt, enhance customer service for the unemployed seeking benefits and investigations into fraud and abuse. Kathy Almond of the Stanly County Chamber of Commerce and York Technical College President Dr. Greg Rutherford join the dialogue.
Tags: Boeing, Connectivity, Dale Folwell, Dr. Greg Rutherford, Economic Development, Education Funding, Employment Security, Jobs, Kathy Almond, Labor Participation Rate, Manufacturing, NC Department of Commerce, Recession, Stanly County Chamber of Commerce, Teacher Pay, Transportation Infrastructure, Unemployment, Unemployment Security, Unemployment Taxes, York Technical College