Business

NC jobless rate increased slightly in November

Source: NC Dept. of Commerce

Dec. 27. North Carolina’s unemployment rate rose a tenth of 1 percent to 3.5 percent in November, while the national rate decreased two-tenths of a percentage point to 3.7 percent.

The state’s unemployment rate was down 0.4 of a percentage point from a year ago.

According to the NC Dept. of Commerce, the number of people employed increased 2,417 over the month to 5,095,540 and 134,850 over the year.

The number of people unemployed increased 2,816 over the month to 182,214 and decreased 17,642 over the year.

Total Nonfarm employment increased 13,600 to 4,949,300 in November.

Major industries experiencing increases were Professional & Business Services, 3,100; Education & Health Services, 2,900; Leisure & Hospitality Services, 2,800; Construction, 2,500; Government, 2,500; Financial Activities, 2,300; Other Services, 500; and Mining & Logging, 100.

Major industries experiencing decreases were Trade, Transportation & Utilities, 1,900; Information, 1,100; and Manufacturing, 100.

Since November 2022, total Nonfarm jobs increased 103,800 with the Total Private sector increasing by 86,800 and Government increasing by 17,000.

Major industries experiencing increases were Education & Health Services, 33,800; Leisure & Hospitality Services, 21,200; Professional & Business Services, 20,300; Government, 17,000; Trade, Transportation & Utilities, 11,300; Financial Activities, 4,200; Other Services, 2,100; and Mining & Logging, 100.

Major industries experiencing decreases were Manufacturing, 5,500; Construction, 500; and Information, 200.

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