Business

NC unemployment rate at 3.8%

Sept. 26. The state’s seasonally adjusted unemployment rate in August was 3.8 percent, increasing 0.1 of a percentage point from July’s revised rate, according to the NC Dept. of Commerce. The national rate decreased 0.1 of a percentage point to 4.2 percent.

The state unemployment rate was up 0.3 of a percentage point from a year ago.

The number of people employed decreased 6,456 over the month to 5,067,497 and increased 2,428 over the year. The number of people unemployed increased 4,127 over the month to 199,637 and increased 16,115 over the year.

Seasonally adjusted Total Nonfarm employment increased 4,700 to 5,025,200 in August.

Major industries experiencing increases were Construction, 1,800; Leisure & Hospitality Services, 1,800; Information, 1,000; Government, 900; Education & Health Services, 400; and Professional & Business Services, 300. Major industries experiencing decreases were Other Services, 500; Trade, Transportation & Utilities, 500; Manufacturing, 300; and Financial Activities, 200. Mining & Logging employment remained unchanged.

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