As John Hood writes here, state lawmakers, the governor, and taxpayers should take note of a key economic number and act wisely with state resources.

Since the beginning of this year, there have been no net new jobs created in North Carolina.

In fact, using the latest data from the monthly survey of employers, there were about 2,200 fewer filled jobs in North Carolina in May than there were in December. In an era of intense politicization, it’s surprising that this trend has yet to get a great deal of attention.

Read on for John Hood’s full analysis on where North Carolina stands in terms of job creation and a prudent path forward.