North Carolina unemployment rate drops for ninth consecutive month
RALEIGH, North Carolina
More people entered the North Carolina workforce and were hired in June compared to the previous month, according to state officials who announced the unemployment rate fell for the ninth consecutive month.
The number of people working in June increased by 12,600 compared to May, reaching 4.77 million workers in total, while the overall labor force – that is, those who are working or actively looking for work. – grew by nearly 4,200 to just over 5 million, according to figures released by the state Department of Commerce. Figures for May signaled a drop in the number of people actively seeking work.
The department said North Carolina’s seasonally adjusted unemployment rate was 4.6% in June, up from 4.8% in May – continuing a streak of rate cuts from October.
The state’s jobless count was below 232,000, a level still higher than pre-pandemic levels in early 2020. But it sits well below levels at the height of the COVID-19 trade restrictions that brought about contributed to the soaring unemployment rate to 13.5% in April and May 2020.
Data released by the ministry on Friday showed government, recreation and hospitality services posting the strongest month-over-month employment growth.