WFAE in Charlotte recently aired and published a story that caught many by surprise. The story revealed that Charlotte is on pace to surpass Raleigh-Durham in the number of tech jobs that each metro area holds. Seven days later, Lowe’s announced that they will be building a new 23-story global technology hub in Charlotte’s South End and adding as many as 2,000 new tech jobs to the Queen City. Read WFAE’s story here.
LinkedIn publishes a monthly report on employment trends in the U.S. workforce. The report provides helpful insights into hiring, skills gaps, and migration trends across the country, From a migration perspective, LinkedIn captures insights tied to members who change their locations on their profiles. In the June 2019 report, Charlotte was among the top three USA cities (behind Austin and Denver) that gained the most workers. Read LinkedIn’s June 2019 Workforce Report here.
With Memorial Day approaching, many of us are planning to spend a relaxing day on the water over the long holiday weekend. Architectural Digest has completed a survey to find the most beautiful lake in every state in America.
Check out the list, complete with stunning images, and make plans to succumb to the art of relaxation this summer.
According to one expert, North Carolina is facing a serious economic challenge. Read this article to learn how some believe the world changed in a very BIG way in 2007, resulting in cataclysmic changes in the workforce.
Another core technology altering nearly every dimension of our lives as outlined in a recent MIT Sloan Management Review article is biotechnology. Biotechnology is really the combination of technology, chemistry, and life sciences. At first glance, many business leaders may believe that biotechnology only impacts the health care field. The rapid advances in biotechnology, however, show enormous promise and have the potential to “both expand existing industry boundaries and create entirely new industries,” according to Dr. Albert H. Segars, author of the article and PNC Distinguished Professor of Strategy and Entrepreneurship and Faculty Director of the Center for Sustainable Enterprise at the University of North Carolina Kenan-Flagler Business School.
- Industrial Processing – applications in product development, pollution control, bio-recycling, and hazardous waste.
- Biometrics/Bio-identification – expanding the use of biomarkers as a gateway to information access and commerce.
- Bioinformatics – analysis of large sets of data used in the Human Genome Project, Disney’s theme park design, and more.
- Medical – advancements in the field of genomics, production of vaccines, antibiotics, gene therapy, and personalization of implantable devices.
- Food & Agriculture – significant gains in the production of plants, improved quality of livestock, pest-resistance crops, nutrient supplementation, and manufactured power fibers.
- Energy – alternative energy sources, production of biofuels from algae and other plant and waste sources.
Click here to read the entire MIT Sloan Management Review article.
In a recent MIT Sloan Management Review article, Dr. Albert H. Segars from University of North Carolina Kenan-Flagler Business School outlined seven core technologies that are altering nearly every dimension of our lives and their implications for commerce, health care, learning, the environment and more. According to Dr. Segars, pervasive computing is one of the core technologies that every business leader should become familiar with as the digital revolution rages on.
Pervasive computing, also called ubiquitous computing, is a concept where information, media, context, and processing power are delivered conveniently to us in all kinds of things. The Apple Watch’s ability to alert users of incoming phone calls and to allow users to complete calls through the watch, is an example of pervasive computing. The large network of connected microprocessors embedded in everyday objects allows access to information from virtually anywhere and at any time.
First pioneered in the late 1980s at the Olivetti Research Laboratory in Cambridge England, the development of the “Active Badge“, a small clip-on microcomputer employee ID card, enabled the company to track employee movement. This spurred articles by the The New York Times, ComputerWorld and other publications about George Orwell’s Big Brother prediction coming true.
- Transportation (by air, land and sea)
- Smart Homes
- Security & Safety
- Healthcare/Medical Technology
Happy New Year! The Croixstone team is ready with some creative ways to start the year off on the right foot. It’s time to #MakeYourMark in 2018.
- One great way to start the year is by enjoying the great outdoors on New Year’s Day. North Carolina State Parks will be hosting First Day Hikes throughout the state to start the year off right. To read more about First Day Hikes in North Carolina, check out a story in the Shelby Star here and see a full list of hikes sponsored by North Carolina State Parks here.
- Looking to make 2018 your healthiest year yet? Start the year off with a free Healthy Lunch & Fitness Goal-Setting Session hosted by NoDa Personal Training. To learn more and to register, click here.
- Ready to take your career to the next level? Check out 10 things to do in the new year to skyrocket your career in 2018 here.
With Christmas less than 2 weeks away and Hanukkah in progress, we know you may be scrambling to find that perfect gift. Why not try out some uniquely Charlotte treasures?
So what is the state of North Carolina’s economy?
A “mixed bag” according to a recently published story in The News & Observer (Raleigh) in conjunction with The Charlotte Observer and McClatchy. The media organizations assessed the state of North Carolina with a focus on 20 measures of how the state is doing compared with previous years and compared with Georgia, Virginia and the rest of the nation.
- NC has been adding jobs at a pace of about 7,000 a month over the past few years.
- The state had above-average job growth from July 2015 to July 2016.
- NC’s economy performs similarly to Georgia’s and worse than Virginia’s.
- Wages are back to pre-recession levels, but people are also more likely to be in poverty.
- Employment in NC is better than average — but only if people who have given up on job hunts aren’t counted. A smaller share of North Carolina adults are in the labor force than Americans as a whole.
- For each of the last 20 months, companies in both North and South Carolina have reported being unable to fill open jobs.
- At 4.6 percent, the state’s unemployment rate is better than the national average. The state has 290,000 more jobs than it did in 2007.
Read the full article here.