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Saturday, November 23, 2024

North Carolina’s December Employment Figures Released

Ncdeptofcommerce

North Carolina Department of Commerce recently issued the following announcement.

The state’s seasonally adjusted December unemployment rate was 3.7 percent, decreasing 0.2 of a percentage point from November’s revised rate. The national rate decreased 0.3 of a percentage point to 3.9 percent.

North Carolina’s December 2021 unemployment rate decreased 2.4 percentage points from a year ago. The number of people employed increased 25,884 over the month to 4,869,342 and increased 138,178 over the year. The number of people unemployed decreased 9,881 over the month to 188,391 and decreased 120,492 over the year.

Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 20,000 to 4,579,300 in December. Major industries experiencing increases were Leisure & Hospitality Services, 7,100; Trade, Transportation & Utilities, 5,500; Education & Health Services, 4,200; Professional & Business Services, 2,000; Manufacturing, 1,500; Construction, 800; and Information, 500. Major industries experiencing decreases were Government, 700; Other Services, 600; and Financial Activities, 300. Mining & Logging employment remained unchanged.

Seasonally Adjusted Unemployment Rates since December 2020

 Dec 2020Jan 2021Feb 2021Mar 2021Apr 2021May 2021June 2021July 2021August 2021Sep 2021Oct 2021Nov 2021Dec 2021
N.C.6.15.95.75.25.04.84.64.44.34.34.13.93.7
U.S.6.76.46.26.06.05.85.95.45.24.74.64.23.9
* Please note: 2020 numbers have undergone annual revision *

Since December 2020, Total Nonfarm jobs increased 143,500 with the Total Private sector increasing by 141,400 and Government increasing by 2,100. Major industries experiencing increases were Leisure & Hospitality Services, 49,100; Professional & Business Services, 27,700; Trade, Transportation & Utilities, 18,500; Manufacturing, 16,600; Construction, 13,000; Education & Health Services, 6,700; Information, 5,100; Other Services, 4,600; Government, 2,100; and Mining & Logging, 100. Financial Activities employment remained unchanged over the year.

The next unemployment update is scheduled for Wednesday, February 2, 2022 when the county unemployment rates for December 2021 will be released.

Original source can be found here.

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