Boy, did I really miss something. The General Assembly passed new tax law for in order to lure Apple to North Carolina, which it did.
What a dunce I am —- I never read the fine print and assumed Apple would bring at least hundreds of jobs to whatever area was lucky enough to score its data center. But what?! Fifty jobs?
OK, I get it, it’s not the jobs at the data center, it’s the jobs from contractors and support businesses that will spring up around the data center, just like Dell:
Commerce officials project that a data center investment of $1 billion would create more than 3,000 jobs in the regional economy, including hundreds of jobs related to construction and others created as a result of economic growth.
A study on the Dell project, commissioned by the Commerce Department, projected between 5,000 and 6,500 indirect jobs related to the plant.
To date, there have been fewer than 600.
“Technology-driven projects like this may bring fewer overall jobs than traditional industry, but they have a tremendous economic impact through locally purchased goods and services,” said Keith Crisco, the state’s Commerce secretary.
We shall see.