NC's February unemployment rate drops slightly
Posted April 19, 2013
Updated May 1, 2013
RALEIGH, N.C. — North Carolina's February unemployment rate decreased to 9.2 percent from January's revised rate of 9.4 percent. The national rate fell to 7.6 percent from January's 7.7 percent.
The state's February 2013 unemployment rate was 0.2 of a percentage point lower than a year ago.
The number of people employed decreased 10,954 over the month to 4,307,071, and increased 42,669 over the year. The number of people unemployed fell 11,619 over the month to 435,209, and declined 7,127 over the year.
This year has seen the unemployment rate bob up in down in part because thousands of people are deciding to join the competition for jobs or give up.
In January, more than 11,000 workers were suddenly no longer working or looking for work, a big factor in the slight jobless rate drop.