economy
S&P says Charlotte home price gains among Top 5 nationally
Feb. 29. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5 percent annual gain in December, with Charlotte prices up 8 percent. San Diego reported the highest year-over-year gain among the 20 cities with an 8.8 percent increase in December, followed by Los Angeles and […]
NC jobless rate increased slightly in November
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 […]
NC October jobless rate same as September, down .5% from year-ago
Nov. 17. The state’s seasonally adjusted October 2023 unemployment rate was 3.4 percent, unchanged from September’s revised rate. The national rate increased 0.1 of a percentage point to 3.9 percent. North Carolina’s unemployment rate decreased 0.5 of a percentage point from a year ago. The number of people employed increased 5,231 over the month to […]
Unemployment post-COVID: NC is about in the middle of the pack
Oct. 24. September’s national jobs report showed above-average increases in hiring over the past month. The economy gained 336,000 non-farm payroll jobs, exceeding the average monthly gain of 267,000 over the past 12 months. In September, there were notable gains in sectors including leisure and hospitality, government, health care, professional, scientific, and technical services and […]
NC unemployment rate at 3.4%; US at 3.8%
Oct. 20. The state’s seasonally adjusted unemployment rate in September was 3.4 percent, a slight increase of 0.1 percent from August’s revised rate. The national rate remained unchanged at 3.8 percent. However, North Carolina’s unemployment rate decreased 0.5 of a percentage point from a year ago. The number of people employed increased 14,985 over the month […]
Mecklenburg’s August jobless rate down from same time last year
Sept. 27. Not seasonally adjusted unemployment rates increased in 41 of North Carolina’s counties in August 2023, decreased in 28, and remained unchanged in 31. Scotland County had the highest unemployment rate at 6.2 percent while Swain County had the lowest at 2.7 percent. Seven of the state’s metro areas experienced rate decreases, two increased, […]
Labor Day By the Numbers
Aug. 30. WalletHub’s Labor Day survey provides a snapshot of the American working public and some are struggling. For example, the Writers Guild and SAG-AFTRA have been striking for months to improve pay and ensure AI isn’t used to hurt workers. Some of the findings: —Many people have started working harder. 63% of people say […]
NC jobless rate unchanged, with better prospects for a ‘soft landing’ nationally
Aug. 18. The state’s seasonally adjusted unemployment rate was 3.3 percent in July, unchanged from June’s revised rate. The national rate decreased 0.1 of a percentage point to 3.5 percent. And despite multiple rate hikes over the past year, the US economy remains remarkably resilient, growing at an annualized rate of 2.4 percent in the […]
NC’s June jobless rate fell .1% from May
July 21. North Carolina’s seasonally adjusted June 2023 unemployment rate was 3.3 percent, decreasing 0.1 of a percentage point from May’s revised rate. The national rate decreased 0.1 of a percentage point to 3.6 percent. The state’s unemployment rate decreased 0.3 of a percentage point from a year ago. The number of people employed increased […]
NC among Top 10 states for best economy
June 7. North Carolina has the nation’s seventh best state economy, according to a new report from WalletHub. WalletHub compared all 50 states and the District of Columbia on economic strength, change in GDP, startup activity and share of jobs in high-tech industries. To view the full WalletHub report, click here. Economic Performance of North […]
