Unemployment remained flat from May to June, with the states seasonally adjusted June unemployment rate 6.4 percent, unchanged from Mays revised rate of 6.4 percent. The national rate decreased 0.2 of a percentage point to 6.1 percent. North Carolinas June 2014 unemployment rate was 1.9 percentage points lower than a year ago. The numbers come even though the number of North Carolinians employed decreased 8,577 over the month to 4,389,167, but increased 77,054 over the year. The number of people unemployed also decreased; down 2,142 over the month to 299,313, and down 89,007 over the year.
Seasonally adjusted Total Nonfarm industry employment decreased 5,800 to 4,119,500 in June. Major industries experiencing decreases were Government, down 13,300 jobs; Other Services, 1,500; Information, 500; and surprisingly just as the tourist season was getting underway, Leisure & Hospitality Services, 200.
The major industry with the largest over-the-month increase was Professional & Business Services at 3,700, followed by Financial Activities, 3,400; Trade, Transportation & Utilities, 1,000; Construction, 600; Education & Health Services, 600; Manufacturing, 300; and Mining & Logging, 100.
- Written by Steve Frank