Economy Continues Adding Jobs, Unemployment Rate Dips To 5.8 Percent
The economy added 214,000 jobs in October, less than the 248,000 produced in September, but just enough to continue pushing the unemployment rate down.
Manufacturing – that broad industry sector that was once the pillar of the Triad economy – is slowly making a comeback. The jobs are different, and they aren't as plentiful. But more companies are finding reasons to make things in this region and not overseas.
Wake Forest Baptist Medical Center has received another downgrade from a bond rating credit service.
A large write-off of uncollectable payments contributed to the lower grade.