Business

NC jobless rate at 3.7%, unchanged from October

Dec. 23. North Carolina’s unemployment rate was 3.7 percent in November, unchanged from October, while the national rate increased 0.1 of a percentage point to 4.2 percent.

The jobless rate increased 0.1 of a percentage point from a year ago.

Details

The number of people employed decreased 1,747 over the month to 5,065,649 and increased 4,027 over the year. The number of people unemployed increased 109 over the month to 197,114 and increased 9,135 over the year.

Seasonally adjusted Total Nonfarm employment, increased 15,000 to 5,042,000 in November. Major industries experiencing increases were Professional & Business Services, 6,700; Construction, 3,800; Education & Health Services, 3,400; Other Services, 2,600; Leisure & Hospitality Services, 900; Trade, Transportation & Utilities, 400; Government, 300; and Financial Activities, 200.

Major industries experiencing decreases were Manufacturing, 3,000; and Information, 300. Mining & Logging employment remained unchanged.

Since November 2023:

Total Nonfarm jobs increased 82,200 with the Total Private sector increasing by 66,200 and Government increasing by 16,000.

Major industries experiencing increases were Education & Health Services, 29,000; Government, 16,000; Professional & Business Services, 16,000; Leisure & Hospitality Services, 15,700; Construction, 7,600; Other Services, 4,600; and Financial Activities, 1,900.

Major industries experiencing decreases over the year were Manufacturing, 7,500; Information, 700; and Trade, Transportation & Utilities, 400. Mining & Logging employment remained unchanged over the year.

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