Press Releases

Unemployment rates (not seasonally adjusted) increased in 55 of North Carolina’s counties in December, decreased in 28, and remained unchanged in 17. Scotland County had the highest unemployment rate at 10.2 percent while Watauga County had the lowest at 4.3 percent.

Twenty-nine innovative companies across North Carolina have received grants to foster job creation and promote research and technological development in response to the pandemic, the Department of Commerce announced today.

The state’s seasonally adjusted December unemployment rate was 6.2 percent, remaining unchanged from November’s revised rate. The national rate remained unchanged at 6.7 percent.

PennyMac Financial Services, Inc., a California-based specialty financial services firm, will create more than 300 jobs in Wake County, Governor Roy Cooper announced today.

Most North Carolina small businesses remain open but have seen revenues decline in the face of the COVID-19 pandemic, according to results from a new survey of North Carolina small businesses released today by the Department of Commerce.  The report also shows more than half of the responden

Governor Roy Cooper announced today that Adverum Biotechnologies, Inc., a California-based gene therapy company targeting unmet medical needs in ocular and rare diseases, will invest $82.8 million for a new gene therapy manufacturing facility in Durham County.

Unemployment rates (not seasonally adjusted) increased in 76 of North Carolina’s counties in November, decreased in six, and remained unchanged in 18. Scotland County had the highest unemployment rate at 10.5 percent while Watauga County had the lowest at 4.2 percent.

Intercontinental Capital Group Inc, a direct mortgage lender specializing in single-family residential properties, will significantly expand its Charlotte operations, adding 500 jobs over the coming five years, Governor Roy Copper announced today.

American Fuji Seal Inc, part of Japan’s Fuji Seal International, will establish new production operations in Catawba County that will employ up to 101 workers by 2025, Governor Roy Cooper announced today. The packaging solutions provider plans to invest $52 million at its new site in Hickory.

The state’s seasonally adjusted November unemployment rate was 6.2 percent, remaining unchanged from October’s revised rate. The national rate decreased 0.2 of a percentage point to 6.7 percent.