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Unemployment Drops to Lowest Rate in 9 Months

Posted March 8, 2007

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— North Carolina’s unemployment rate fell to 4.6 percent in January, the lowest mark since last April, according to statistics released Thursday by the state’s Employment Security Commission.

For the sixth straight month, employment increased in the state.

“Following the holiday season, the state’s employment figures remained strong,” ESC Chairman Harry Payne said in a statement. “Six straight months of employment growth has given North Carolina a new record level of those individuals working in our state. Diverse growth in numerous job sectors has helped increase employment in North Carolina.”

The state unemployment rate matched the U.S. rate for the first time since last July, when both were at 4.8 percent.

Total seasonally adjusted employment increased by 8,735 workers, to 4,302,717. Seasonally adjusted unemployment decreased in January by 12,433 workers, to 208,099.

Over the past year, unemployment has increased by 237 people. Overall employment increased by 107,905 workers since January 2006.

4 Comments

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  • Censor victim Mar 9, 2007

    Somebody help me understand. At the last elections-unemployment at near all time low, inflation low, stock market record high, gas prices around 2.00 a gallon, federal defecit significantly low. So now we have all these lefty's in office who will probably raise taxes and screw the whole works up. I know, I know its must be the war.

  • kota2947 Mar 9, 2007

    OF COURSE IT DROPPED.NOW THEY ARE ON WELFARE

  • Crumps Br0ther Mar 9, 2007

    B-b-but the left says the economy is in the toilet!

  • Lovinlif Mar 8, 2007

    EXCELLENT! I'm one of those 107,905 workers and I'm in a great job after 8 months of being unemployed.