North Carolina’s latest unemployment number certainly don’t reflect a slowing economy or an immediate threat of recession. The latest numbers show the state’s jobless rate fell for the third straight month and fourth in the last five, dropping to match the national average of 3.4%. So what’s going on?
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Nearly 16,000 people joined North Carolina’s ranks of workers and the number of unemployed fell by nearly 5,000 – enough of a change to lower the state’s seasonably adjusted jobless rate to 3.5% in March. “A good report,” says N.C. Sate economist Dr. Mike Walden.
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The latest data on employment is an indication that across North Carolina, there’s a slowdown occurring in the labor market.
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The unemployment rate in North Carolina increased again in November, and is now 3.9%. That’s the fourth consecutive month, and could be a negative sign.
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North Carolina’s unemployment rate rose again in October, the third consecutive monthly increase. That’s a sign of possible distress, an economist says.
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The latest employment data indicates that the state’s job market is bullish for the future with the unemployment rate down in 99 North Carolina counties.
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North Carolina’s unemployment rate rose for the second straight month in September and is now 3.6%. Here’s the latest on the state’s economy.
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North Carolina’s unemployment rate increased in August by one-tenth of a percentage point, even though more residents are working now than the month before.
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North Carolina’s unemployment rate remains low at 3.4% despite growing concerns about a possible recession and some layoffs being reported across the state. And companies keep hiring.
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