Friday, December 18, 2015

North Carolina's November Employment Figures Released

Dec 18, 2015

RALEIGH — The state's seasonally adjusted November unemployment rate was 5.7 percent, remaining unchanged from October's revised rate. The national rate remained unchanged at 5.0 percent.

North Carolina's November 2015 unemployment rate was 0.2 of a percentage point higher than a year ago. The number of people employed increased 15,466 over the month to 4,503,977 and increased 133,817 over the year. The number of people unemployed decreased 2,015 over the month to 270,977, and increased 15,615 over the year.

Seasonally adjusted Total Nonfarm industry employment, as gathered through the monthly establishment survey, increased 11,400 to 4,279,000 in November. The major industry with the largest over-the-month increase was Education & Health Services at 4,700, followed by Trade, Transportation & Utilities, 4,200; Professional & Business Services, 4,000; Financial Activities, 1,600; Information, 700; Manufacturing, 500; and Leisure & Hospitality Services, 200. Major industries experiencing decreases were Construction, 4,200; Government, 200; and Other Services, 100. Mining & Logging employment remained unchanged over the month.

Seasonally Adjusted Unemployment Rates since November 2014

  Nov 2014 Dec 2014 Jan 2015 Feb 2015 Mar 2015 Apr 2015 May 2015 Jun 2015 Jul 2015 Aug 2015 Sep 2015 Oct 2015 Nov 2015
N.C. 5.5 5.4 5.3 5.3 5.4 5.5 5.7 5.8 5.9 5.9 5.8 5.7 5.7
U.S. 5.8 5.6 5.7 5.5 5.5 5.4 5.5 5.3 5.3 5.1 5.1 5.0 5.0

* 2014 Numbers Have Been Annually Revised *

Since November 2014, Total Nonfarm jobs gained 91,200 with the Total Private sector growing by 88,500 and Government increasing by 2,700. The largest over-the-year increase among major industries was Professional & Business Services at 20,400, followed by Education & Health Services, 16,500; Trade, Transportation & Utilities, 13,300; Financial Activities, 10,600; Manufacturing, 7,900; Leisure & Hospitality Services, 7,000; Construction, 6,300; Other Services, 4,500; Government, 2,700; and Information, 2,100. The only major industry experiencing a decrease over the year was Mining & Logging, 100.

The next unemployment update is scheduled for Wednesday, December 30, 2015 when the county unemployment rates for November 2015 will be released.

This information may be accessed on the Commerce website at http://www.nccommerce.com/lead

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