NC’s Unemployment Rate Up This Month, Down For Year Overall

Published Thursday, August 22, 2013 at 11:27 am

Unemployment

Aug. 19, 2013. The state’s seasonally adjusted July unemployment rate was 8.9 percent, increasing 0.1 of a percentage point from June’s revised rate. The national rate declined to 7.4 percent from June’s 7.6 percent.

North Carolina’s July 2013 unemployment rate was 0.7 of a percentage point lower than a year ago. The number of people employed decreased 13,735 over the month to 4,278,516, and increased 14,902 over the year. The number of people unemployed increased 1,527 over the month to 417,841, and declined 36,644 over the year.

Seasonally adjusted Total Nonfarm industry employment, as gathered through the monthly establishment survey, increased 8,200 to 4,053,600 in July. The major industry with the largest over-the-month increase was Trade, Transportation & Utilities at 5,200, followed by Leisure & Hospitality Services, 2,700; Financial Activities, 2,400; Professional & Business Services, 1,700; Manufacturing, 1,200; Other Services, 700; Information, 200; and Construction, 100. Major industries to experience decreases were Government, 5,300; and Education & Health Services, 700. Mining & Logging employment remained flat over the month.

Since July 2012, Total Nonfarm jobs gained 69,200 with the Total Private sector growing by 73,100 and Government declining by 3,900. The largest over-the-year increase of major industries was in Leisure & Hospitality Services, 21,500, followed by Professional & Business Services, 17,800; Trade, Transportation & Utilities, 16,300; Education & Health Services, 6,200; Financial Activities, 6,200; Information, 3,300; Manufacturing, 2,800; and Other Services, 1,000. Major industries to experience decreases over the year were Government, 3,900; Construction, 1,900; and Mining & Logging, 100.

The next unemployment update is scheduled for Wednesday, Aug. 28, when the county unemployment rates for July 2013 will be released.

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