NC unemployment rate drops to 8.7 percent in August

From the N.C. Department of Commerce:

The state’s seasonally adjusted August unemployment rate was 8.7 percent, decreasing 0.2 of a percentage point from July’s revised rate of 8.9 percent. The national rate declined to 7.3 percent from July’s 7.4 percent.

North Carolina’s August 2013 unemployment rate was 0.9 of a percentage point lower than a year ago. The number of people employed decreased 3,562 over the month to 4,275,090, and increased 4,726 over the year.

The major industry with the largest over-the-month increase was Professional & Business Services at 3,300, followed by Education & Health Services, 2,900; Trade, Transportation & Utilities, 2,800; Information, 1,300; Financial Activities, 500; and Manufacturing, 400. Major industries to experience decreases were Government, 6,800; Leisure & Hospitality Services, 2,800; Construction, 1,700; and Other Services, 1,600. Mining & Logging employment remained flat over the month.


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