Economy

Helping Parents of Young Children Reenter the Workforce Could Boost NC’s GDP by Up to $7.5 Billion

IQE to Invest $305M and Create 109 Jobs in Greensboro Expansion

IQE, Inc., a global semiconductor manufacturer, has announced plans to expand its operations in Guilford County, North Carolina. The expansion is contingent upon customer commitments and funding from the federal CHIPS Act. The company aims to invest $305 million over several years and add 109 jobs to its Greensboro facility.

Helping Parents of Young Children Reenter the Workforce Could Boost NC’s GDP by Up to $7.5 Billion

Investing in Child Care Could Add Billions to North Carolina’s Economy

A recent report from the North Carolina Department of Commerce and NC Child suggests that enabling more parents of young children to rejoin the workforce could significantly boost the state’s economy. Titled the “Empowering Work” report, it projects an increase of up to $7.5 billion in North Carolina’s GDP and

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