North Carolina Holds July Unemployment at 3.6% as Nonfarm Jobs Slip 700
Updated
Updated · Neuse News · Aug 24
North Carolina Holds July Unemployment at 3.6% as Nonfarm Jobs Slip 700
2 articles · Updated · Neuse News · Aug 24
Summary
North Carolina’s seasonally adjusted unemployment rate stayed at 3.6% in July, while total nonfarm employment edged down 700 to 5.112 million.
21,291 fewer people were employed than in June, bringing the state’s employed workforce to 5,051,914, even as the number unemployed fell 3,820 to 186,120.
6,100 jobs added in Professional and Business Services led July gains, but losses in Private Education and Health Services, down 3,800, and Manufacturing, down 1,000, outweighed them.
4.1% was the national unemployment rate after a 0.1-point decline, while North Carolina’s rate was still 0.3 point lower than a year earlier.
51,600 more nonfarm jobs than a year ago show the broader trend remains positive despite July’s dip, with county-level July data due Sept. 2.