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NC Jobless Rate Increases For The First Time Since May |
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Written by David Horn
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(RALEIGH) -- North Carolina's unemployment rate ticked up slightly in October. The latest figures from the State Employment Security Commission show the October jobless rate increased to 11%. This is up from 10.8% in September and up from 7% in October 2008.
“The numbers have been pretty steady since February,” said ESC Chairman Moses Carey Jr. “We’ve had ups and downs concerning the number of people employed and unemployed, but we haven’t experienced any significant changes." Seasonally adjusted employment decreased by 5,643 workers to 4,035,471. Unemployment increased by 4,537 workers, to 496,279. Since this time last year, unemployment has increased by 174,184 people. Employment is down by 227,898 workers since October 2008. Carey said his office is working as quickly as possible to implement the new extension of benefits for those individuals who have exhausted or are about to exhaust their benefits. |
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Last Updated ( Friday, 20 November 2009 )
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