2. Our Mission The mission of the Employment Security Commission is to promote and sustain the economic well being of North Carolinians in the world marketplace by providing high quality and accessible workforce-related services. The Commission provides employment services, unemployment insurance, and labor market information to the State’s workers, employers, and the public. These services promote economic stability and growth, development of a skilled workforce, and a world class economy for North Carolina.

3. North Carolina System Statistics Highest benefits in the Southeast ($505) Twentieth lowest duration (13.3 weeks) Total UI Benefits Paid in 2008 ($1.3 Billion) Individuals receiving at least 1 check in 2008 (414,992)

4. Low Taxes for New Business North Carolina taxes new companies at the rate of 1.2%, a rate that is among the lowest in the country. 1.2%

5. ESC Support for Training and the Community During 2008, ESC issued training support payments to almost 17,000 individuals totaling more than $58.5 million through a variety of programs. Trade Adjustment Act (TAA): ESC paid $11.5 Million to training institutions for tuition, books and other fees. Also paid additional $3.7 Million in transportation cost. In addition, ESC collected over $ 22 Million in court- ordered child support payments during the year.

6. The Employment Service

7. Employment Service Employment Service Operates under State/Federal Guidelines State/Federal Funding The Employment Service Provides: Job Search/Placement Assistance Intensive Reemployment Services Source of Qualified Labor to Employers Career Counseling for Workers Applicant Screening and Assessment Technical Services to Employers

8. Total New Jobseekers Program Year July 1, 2008 thru July 31, 2009 267,262 (new) 362,984 (available)

9. ESC Places Special Emphasis on Assisting Specific Categories of Workers Veterans (Priority of Service) Work First Participants Agricultural Workers (H2A) The Disabled Younger Workers Older Workers Ex-Offenders

10. States with the Highest Unemployment Rates June 2009 (Seasonally Adjusted) Labor ForceUnemployment Rate Michigan4,871.615.2 Rhode Island569.712.4 Oregon1,982.112.2 South Carolina2,193.712.1 Nevada1,400.512.0 California18,494.411.6 Ohio5,968.011.1 North CarolinaJuly 4,536.8 11.0 United StatesJuly 154,504.0 9.4

11. North Carolina Labor Force January 2008 – July 2009 (Seasonally Adjusted) January 2008 B July 2009 P Net Change Percent Change Labor Force4,516,9004,536,81319,9130.4% Employment4,289,1934,039,946-249,247-5.8% Unemployment227,707496,867269,160118.2% Unemployment Rate5.011.06.0XXX

12. North Carolina Industry Employment January 2008 – June 2009 (Seasonally Adjusted, In Thousands) Industry January 2008 B June 2009 P Net Change Percent Change Total Nonfarm4,167.7Jy 3,911.7-256.0-6.0% Goods Producing786.1643.9-142.2-18.1% Service Providing3,381.63,303.1-78.5-2.3% Natural Resources & Mining6.86.4-0.4-5.9% Construction249.5193.9-55.6-22.3% Manufacturing529.8443.6-86.2-16.3% Durable Goods285.0227.3-57.7-20.2% Non Durable Goods244.8216.3-28.5-11.6%

13. Industry January 2008 B June 2009 P Net Change Percent Change Trade, Trans, Warehousing & Utilities780.3733.6-46.7-6.0% Wholesale Trade183.5172.4-11.1-6.0% Retail Trade468.9447.8-21.1-4.5% Transportation, Warehousing, & Utilities127.9113.4-14.5-11.3% Information72.167.3-4.8-6.7% Financial Activities212.7199.8-12.9-6.1% Finance & Insurance158.9151.0-7.9-5.0% Real Estate & Rental Leasing53.848.8-5.0-9.3% Professional & Business Services506.6465.8-40.8-8.1% Professional, Scientific & Technical188.0180.2-7.8-4.1% Management of Companies75.275.0-0.2-0.3% Administrative & Waste Management243.4210.6-32.8-13.5% Educational & Health Services532.6542.49.81.8% Educational Services77.382.14.86.2% Health Care & Social Services455.3460.35.01.1% Leisure and Hospitality Services400.6390.1-10.5-2.6% Arts, Entertainment & Recreation53.251.4-1.8-3.4% Accommodation & Food Services347.4338.7-8.7-2.5% Other Services180.0175.0-5.0-2.8% Government696.7729.132.44.7% Federal64.367.12.84.4% State197.5190.6-6.9-3.5% Local434.9471.436.58.4%

14. Unemployment Insurance

15. Purpose: To provide temporary assistance to those who have lost their jobs through no fault of their own To help stabilize the economy in times of economic downturn From Jan. 2008 – Dec. 2008, the Employment Security Commission paid UI benefits of over $1.3 Billion to almost 415 thousand individuals. From August 2008 – July 30, 2009, ESC has paid over $ 3.43 Billion to 240,596+ individuals. Over $2.32 Billion of this has been regular UI Benefits

16. Benefits in NC Average Weekly Benefit (July 2009): $302.50 Current Maximum Weekly Amount: $505.00 Maximum Base UI if Benefits are Exhausted: $13,130 Percent of Claimants Exhausting Benefits: 50.4% National Average for Exhausting Benefits: 41.5%

17. North Carolina has the 20th lowest average duration of unemployment in the nation at 13.3 weeks in July 2009. The national average length of an unemployment claim is 14.9 weeks.* * Data for 2008 UI Duration

18. Federal Extension of Benefits Base Unemployment Insurance (26 weeks) Extended Unemployment Compensation (EUC Tier I) (20 Weeks) Extended Unemployment Compensation (EUC Tier II) (13 Weeks) Federal Additional Compensation (FAC $25/wk) Extended Benefits (EB) and EB HUP (20 Weeks)

19. The Unemployment Insurance Trust Fund

20. Normal Trust Fund Monetary Flow Trust Fund Interest Employer Contributions Trust Fund Benefits Paid

21. Trust Fund Current Trust Fund Monetary Flow Trust Fund Interest Employer Contributions Benefits Paid Federal Loans Interest free thru 2010 State Reserve Fund

22. Trust Fund and Federal Loan Balance Trust Fund Balance July 30, 2009 -$885.8 million * Federal Loan Balance July 30, 2009 $891.0 million * Note: Federal Loans are interest free until Jan. 1, 2011 *Changes daily

23. Labor Market Information

24. Provides timely statistical data on employment, wages, occupational trends, fringe benefits and other subjects to economic planners, government agencies, job seekers and employers through a variety of means. (NCESC.COM) Labor Market Information

25. LMI Publications & Products NC Today Registered Applicants and Job Openings Occupational Employment and Wages Map Jobs Employment and Wages in North Carolina North Carolina’s Largest Employers Unemployment Rates and Civilian Labor Force Estimates Industry and Occupational Projections Local Area Occupational Wages Mass Layoff Statistics Announced Business Closings and Layoffs

26. ESC Online Applications Job Orders Attached Claims UI Tax Filings UI EFT Tax Payment Voluntary Contribution Tax Calculator Estimated Benefits Calculator Trade Readjustment Act (TRA) Initial Claims and Weekly Certifications for Unemployment Insurance Registration for Work

27. ARRA FUNDS Unemployment Insurance Special Administrative Transfer ( $14,647,397) Wagner-Peyser Act and Reemployment Service ( $11,091,396) Unemployment Insurance Modernization Incentive Payments ( 1/3 - $68,354,517) ( 2/3 - $136,709,035) Trade Adjustment Assistance ($43.9 million)

28. Contact me: Moses Carey, Jr., Chairman m.carey@ncmail.net 919-733-7546