Hood heads the Raleigh based John Locke Foundation and said the fine print, that announced jobs often take two to five years to be created, is often overlooked.
“You should always treat these announcements as preliminary, as tentative and not go to the bank with them,” Hood said.
Eyewitness News analyzed 21 job announcements made by the governor in 2009 in Mecklenburg and surrounding counties and found only half of them have created more than 50 percent of the jobs promised.
China Grove Mayor Don Bringle has good reason to be skeptical after the town came out on the short end of jobs promised two years ago by a company called Sustainable Textiles.
“Do you look at these job announcements with a little more skepticism now? Well, uh. The answer is yes,” Bringle said.
That announcement by the governor and the company's promise of 223 jobs had China Grove excited.
Unemployment was high and it was just what the town needed, but two years later the euphoria is long gone. Sustainable Textiles shut down its operation and those jobs never materialized.
In Charlotte, a number of companies that made big job announcements well over a year ago have been slow to hire too.
For example, energy giant Seimens told Eyewitness News it has hired just 130 of more than 1,000 new jobs announced.
In Raleigh, Assistant Commerce Secretary Dale Carroll insists that's normal. “It takes time to get those people into the workforce,” he said.
Yet Carroll admits the state does not follow up to track actual job creation unless a company tries to collect incentives often years later.
“There is a lag involved in the amount of time it takes an employer to ramp up their operations, but there could be some jobs created during that ramp up,” said Carroll.
“I find it interesting they are running to the podium to make the announcement and they are not following up,” said Sen. Bob Rucho. Rucho said they should be and he’ll now push the state to provide annual information showing actual new jobs created in every job announcement the governor makes.
“I think it's critical that we do this and I’ll write a letter to the secretary and let him know that I think they have a responsibility,” Rucho said.
Eyewitness News asked the governor’s office where job announcements are misleading. A spokesperson said the governor is committed to transparency and would be glad to consider any suggestions on what would be the most fair way to report job numbers.