N.C.’s unemployment rate inches downward in August

Abby Cavenaugh Editor

September 20, 2013

RALEIGH — North Carolina’s unemployment rate for August was down 0.2 of a percentage point to 8.7 percent, according to numbers released Friday morning by the North Carolina Department of Commerce Labor and Economic Analysis Division.

Nationally, the unemployment rate also took a slight dip, from 7.4 percent in July to 7.3 percent in August. The statewide rate of 8.7 percent is 0.9 of a percentage point lower than it was one year ago. The number of people unemployed in North Carolina decreased 8,741 over the month to 409,487, and declined 43,693 over the year, according to Friday’s report.

Seasonally adjusted total non-farm industry employment, as gathered through the monthly establishment survey, decreased by 1,700 to 4,052,300 in August. The major industry with the largest over-the-month increase was professional and business services at 3,300, followed by education and health services, 2,900; trade, transportation and utilities, 2,800; information, 1,300; financial activities, 500; and manufacturing, 400. Major industries to experience decreases were government, 6,800; leisure and hospitality Services, 2,800; construction, 1,700; and other services, 1,600. Mining and logging employment remained flat over the month.

The next unemployment update is scheduled for Oct. 2, when county unemployment rates for August 2013 will be released.