CHARLOTTE, N.C. Let s go back to Monday. You could say that South Carolina's good day, which included two companies moving thousands of jobs from Charlotte to Fort Mill, was a really bad day for North Carolina.
Jobs leaving Charlotte? Data shows it's a trend
This is great news for our region, this is a great endorsement of Charlotte, Charlotte Chamber president Bob Morgan told reporters Tuesday.
I'm sorry, what?
Our economy doesn't stop at the city line, it doesn't stop at the county line, he said.
Okay wait. Charlotte has the airport, North Carolina built the roads, and now, the jobs are leaving? What gives?
Folks, Morgan said, this is life in the big leagues. We're a large urban area. We're going to see companies moving across county lines, we're going to see companies moving across state lines.
That's happening here, and everywhere, really. In Charlotte and around the country, the percentage of jobs within three miles of downtown has gone down by two percent between 2000 and 2010, according to research from the Brookings Institute. During the same time, the percentage of jobs further than 10 miles of uptown Charlotte went up more than five percent.
And it's no secret that a lot of people who live in York County work in Charlotte. About 30,000 people commute from there to here.
Think about it: If a chunk of Charlotte's workforce already lives in South Carolina, why not move the work closer to them, especially if someone's going to give you a big check to do it?
On Monday, South Carolina Governor Nikki Haley attended two jobs announcements in Fort Mill. They involved two companies, Lash and LPL Financial. Both were moving to new facilities south of the North Carolina state line.
Afterward, Haley took a question from a reporter. Where do you think those jobs are going to come from? he asked.
They're going to come from wherever we need them to, Haley responded. Meaning, for now, Charlotte.
If you're looking for a silver lining here, Morgan says a study from a few years ago showed that for every job that moved to South Carolina, Charlotte created two new jobs. Higher paying jobs, he added.
And Morgan says even though those jobs are going, they're not going far. Better to lose a little bit of money, than to lose it all.
Read or Share this story: http://www.wcnc.com/story/money/business/2014/07/21/11810620/