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N.C. jobless rate at 9.7 percent for August

Story Submitted (mtfrontdesk@mountaintimes.com)



Article Published: Sep. 27, 2012 | Modified: Sep. 27, 2012

North Carolina’s seasonally adjusted unemployment rate increased 0.1 of a percentage point in August to 9.7 percent.

The national rate declined 0.2 of a percentage point to 8.1 percent. North Carolina’s August 2012 unemployment rate is 1.0 percentage point lower than a year ago.

Seasonally adjusted total nonfarm industry employment, as gathered through the monthly establishment survey, increased by 1,100 to 3,953,400 in August. The major industry with the largest over-the-month increase was government, which gained 8,400.

Since August 2011, total nonfarm jobs gained 27,800, with the service providing sector increasing by 31,700 and the goods producing sector decreasing 3,900. The largest over-the-year increase of major industries was in trade, transportation and utilities at 12,600, followed by education and health services at 10,400, and professional and business services at 7,000.

The number of people employed (smoothed seasonally adjusted) decreased by 5,801 to 4,196,322 over the month, but increased by 40,635 over the year. The state unemployment rate in August 2011 was 10.7 percent.

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