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29 <br /> Economic Overview <br /> • NC State 2016 Fi:conomic Outlook indicates: <br /> — No signs of any slow down in the economy <br /> — By December 2016 Regional unemployment is projected <br /> to be below 5% as compared to the 8% average during the <br /> Great Recession (2010-2014) <br /> — State labor force growth rate is projected to increase 3% as <br /> compared to .06% average between 2010-2014; due to <br /> discouraged workers returning to the labor force <br /> — Continued widening income inequality between highest <br /> average salaried sectors of Financial Services and <br /> Information Technology <br /> — The lowest average salaries are in Leisure and Hospitality, <br /> Trade, Utility, and Transportation sectors <br /> 9 <br />