The North Caroline Unemployment rates increased in June for more than half of the state’s counties. North Carolina’s unemployment rate is already one of the highest in the country at 11.1%. North Carolina State University economist Michael Walden predicted that North Carolina’s Unemployment rate will “peak” at 13 percent in the first quarter of 2010 before it begins to improve.
A Year ago the State’s Unemployment rate was 6.1 % in June. The figures are adjusted for seasonal effects, such as temporary summer jobs. The largest month-over-month increase was in government jobs, with 13,900 jobs added. The largest decrease was in manufacturing, with 5,500 jobs eliminated.
North Carolina Unemployment Statistics
| Data series |
Jan |
Feb |
March 2009 |
April 2009 |
May 2009 |
June 2009 |
| Unemployment | 439.2 | 490.1 | 493.6 | 491.4 | 507.0 | (P) 502.3 |
| Unemployment Rate | 9.7 | 10.7 | 10.8 | 10.7 | 11.1 | (P) 11 |
North Carolina’s Unemployed Still topped 500,000 in June, but the rolls showed 4,700 few people counted among the jobless either because they ran out of time to collect compensation, found work or moved out of the state.
North Carolina lost 89,500 manufacturing jobs and 17 percent of all factory jobs since the recession began in 2007. That time government had the greatest growth, hiring an additional 13,900 in June. But the jobs lost in manufacturing and banking may never come back.
Recently, the statistics show North Carolina coverage some 25,000 new claims, and nationally the number remains above 600,000.
Walden said that “Initial claims must be under 400,000 at the national level and under 12,000 in North Carolina for claims to signal an upcoming lower unemployment rate.”
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