slow recovery in North Carolina

Local News
1:47 pm
Fri December 21, 2012

State Unemployment Report Shows Modest Improvement

North Carolina's unemployment rate continues to dip.
Credit North Carolina Department of Commerce *Data is preliminary.

North Carolina’s unemployment rate dropped to a seasonally-adjusted 9.1 percent in November, according to the latest data today from the state’s Commerce Department. That’s still more than a point above the national rate of 7.7 percent, but it’s still more “ho ho ho” than “bah humbug.”

While it decreased by 0.2 percent, North Carolina’s unemployment is still the fifth highest in the nation. But, there’s some trends that have Clemson University economist Bruce Yandle feeling the holiday spirit.

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Local News
9:11 pm
Sun October 21, 2012

Loss Of Construction, Manufacturing Jobs During Recession Keeps NC Unemployment High

Bytemarks/Flickr

Government figures released Friday showed North Carolina’s unemployment rate is 9.6 percent. That’s fifth-worst in the country. But the state is recovering, albeit slowly.

About 62,000 more North Carolinians held jobs in September than a year ago. But even with that improvement, unemployment is still close to 10 percent, while nationally it’s under 8 percent.

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