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NC Unemployment Rate Drops

According to the latest report, North Carolina's unemployment rate has dropped a little more and is below the national average. The state’s seasonally adjusted February unemployment rate was 6.4 percent, decreasing 0.3 of a per­centage point from January’s revised rate of 6.7 percent. The national rate increased to 6.7 percent from January’s 6.6 percent. Also, North Carolina’s  February 2014 unemployment rate was 2.2 percentage points lower than a year ago. The number of people employed increased 7,399 over the month and increased 48,459 over the year. Governor Pat McCrory released the following statement after North Carolina’s unemployment rate dropped to 6.4 percent, the first time it has been lower than the national average since March 2006.  Governor McCrory said, “While I am encouraged by the continued progress we have made over such a short period of time, we will remain focused on pro-jobs policies that help people get back to work and position North Carolina for a strong and steady comeback over the long-term.”  The next unemployment update is scheduled for Wednesday, April 9, 2014 when the county unemployment rates for February 2014 will be released.

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