North Carolina’s unemployment rate of 3.4% went unchanged between April and May, according to the N.C. Department of Commerce. North Carolina’s rate also was unchanged from a year ago. The national unemployment rate increased 0.3% to 3.7%. Here are the details.
Read More
The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s interest rate hikes over the past year may taking hold in what’s proved to be a resilient job market.
Read More
The number of Americans applying for unemployment benefits last week rose to its highest level since October 2021, but the labor market remains one of the healthiest parts of the U.S. economy.
Read More
Editor’s note: Dr. Walden is a William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and is a frequent contributor to WRAL TechWire. The following analysis was provided to TechWire following a request for his take on the news.
Read More
The monthly employment report, out today, reported much higher job numbers for May than economists predicted. In a recent webinar hosted by the Kenan Institute, economist Greg Brown reviewed the numbers and what they could mean for federal interest rates.
Read More
Employers added 339,000 jobs in May, according to the monthly employment report from the Bureau of Labor Statistics released on Friday.
Read More
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?
Read More
The number of Americans filing for jobless claims last week rose to its highest level in a year-and-a-half, though the labor market remains healthy by historical standards.
Read More
The labor market heated back up in April as employers added 253,000 jobs, according to data released Friday by the Bureau of Labor Statistics. It’s a surprising increase at a time when many indicators were pointing to a slowdown in the job market.
Read More
