Tuesday, April 28, 2009

Furloughs ordered for N.C. state workers

The News and Observer is reporting "Gov. Beverly Perdue signed an executive order this morning, calling for furloughs of all state employees.

All teachers and state employees will receive a pay cut of 0.5 percent and in exchange will receive 10 hours of flexible time off before June 30.

"North Carolina continues to experience the effects of a national economic crisis, which forces me to make difficult decisions in order to maintain a balanced budget through June," Perdue said in a statement. "I will do what I must in order to ensure that North Carolina can pay our bills and provide the essential services required by our citizens."

The emergency steps respond to a worsening budget shortfall in the current fiscal year. Budget analysts have revised their predictions of the budget deficit. They now say it will grow beyond $3 billion.

Read the entire article

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