Business

Jobless rate ticks up in May across NC

Posted June 20

Unemployment

— North Carolina's unemployment rate bumped above the national average in May for the first time in four months.

Statewide, 6.4 percent of the workforce was looking for jobs in May, up from 6.2 percent in April, according to data released Friday by the state Department of Commerce. Nationwide, the jobless rate was 6.3 percent both months.

The state rate had fallen for 10 straight months before the uptick in May. A year ago, North Carolina's unemployment rate was 8.3 percent.

The number of people employed statewide increased 10,187 in May, to 4,397,574, which was 81,992 more than May 2013. The number of people unemployed increased 8,795 during the month, to 300,917, which was 90,299 fewer than a year ago.

The state's labor force in May was 4,698,491, up nearly 19,000 since April. The labor force – the total number of people eligible to work – is down only 8,300 since May 2013. The slowing decline in the labor force – the April-to-April numbers showed a drop of 33,000 – might indicate the exodus of the long-term unemployed from the workforce – once you stop looking for work, you're no longer counted in the unemployment rate – may be coming to an end.

Leisure and hospitality services; trade, transportation and utilities; and education and health services saw big increases in May, while professional and business services and the government sectors recorded the largest decreases in employment.

27 Comments

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  • stormwaterguy Jun 20, 5:53 p.m.

    Thanks, Pat and Art.

  • European American Jun 20, 4:59 p.m.

    IBM had massive lay offs during that time, didn't they? That has to play a part, since they have... View More

    — Posted by sweetlyght

    Not enough to even make a dent.

  • fjsmss2099 Jun 20, 4:19 p.m.

    McCrory has got a tough job fixing what he had to inherit!!

    — Posted by tobywilliamson1973

    McCrory has done an incredible job with unemployment and the economy. The rate has dropped 14 out of 16 months. Since McCrory took office it has dropped from 9.5% to May's 6.4%. This decrease is the second largest with South Carolina #1 over this time. According to US Bureau of Labor Statistics, North Carolina was ranked 47th in June 2012 under Perdue with a U6 rate at 17.5%. The latest figures available from the same source dated March of 2014 under McCrory shows us ranked 36th with a rate of 13.6%. The decrease of 3.9% over that time ranks us with the third largest drop in the country behind Washington and Nevada. The U6 rate is calculated on a quarterly basis. The U6 rate rate includes the under-employed and those who have given up looking for work. Because it captures a broader representation of the unemployed, some consider it the most complete snapshot of the state’s job market according to US Bureau of Labor Statistics. CNN/Mo

  • tobywilliamson1973 Jun 20, 3:23 p.m.

    McCrory has got a tough job fixing what he had to inherit!!

  • mep Jun 20, 3:14 p.m.

    Obamanomics is hard to overcome... or is it just due to global warming... take your pick.

  • Bill Brasky Jun 20, 2:43 p.m.

    What happened Governor McCrory?

    You dropped tens of thousands of citizens from unemployment... View More

    — Posted by Bill Brasky

    -

    What I'd LOVE to see that no news channel has ever posted yet (that I can find) is both the... View More

    — Posted by "Screen Name-8/20"

    Who knows...My theory, and its well documented, one of the reasons that the employment #s are low is due to the babyboomers retiring.

    Who would of thought almost 70 years after the conclusion of WWII we would still be feeling the after effects.

  • sweetlyght Jun 20, 2:35 p.m.

    IBM had massive lay offs during that time, didn't they? That has to play a part, since they have a huge campus here.

  • "Screen Name-8/20" Jun 20, 2:06 p.m.

    What happened Governor McCrory?

    You dropped tens of thousands of citizens from unemployment... View More

    — Posted by Bill Brasky

    -

    What I'd LOVE to see that no news channel has ever posted yet (that I can find) is both the unemployment figures AND the welfare figures at the same time, so we can see how, when unemployment benefits for some run out (with no sight of jobs on the horizon), the welfare numbers rise.

    They MUST, because logic tells those with common sense - those people still NEED shelter and food.

  • "Screen Name-8/20" Jun 20, 2:04 p.m.

    I wonder when the various governments are going to start telling us the truth about unemployment numbers by publishing the real ones, without adjusting them (often to the bleeding edge of believability) first.
    Prayers for all dealing with unemployment, in an economy where there are more workers without jobs than there are jobs for those workers to even apply for, let alone have hope of getting.

  • 68_dodge_polara Jun 20, 1:55 p.m.

    "North Carolina's unemployment rate bumped above the national average"

    McCrory and the NCGA.... View More

    — Posted by Earth Brooks

    But they brought it down drastically from way above NA, to a slight uptick above. We still added... View More

    — Posted by foodstamptrader

    You know they can't give the governor any credit. By hook or by crook this state is turning blue ext election.

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