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North Carolina Seasonally Adjusted December Unemployment Rate At 3.6 Percent

The state’s seasonally adjusted December unemployment rate was 3.6 percent, remaining unchanged from November’s revised rate. The national rate increased 0.2 of a percentage point to 3.9 percent.

North Carolina’s December 2018 unemployment rate decreased 0.9 of a percentage point from a year ago. The number of people employed increased 4,299 over the month to 4,818,454 and increased 74,190 over the year. The number of people unemployed increased 1,173 over the month to 178,436 and decreased 43,413 over the year.

Seasonally adjusted Total Nonfarm industry employment, as gathered through the monthly establishment survey, increased 1,200 to 4,536,400 in December. The major industries with the largest over-the-month increases were Manufacturing at 2,200, followed by Leisure & Hospitality Services, 1,900; Education & Health Services, 900; Government, 500; Construction, 200; and Mining & Logging, 100. Major industries experiencing decreases were Professional & Business Services, 2,900; Information, 700; Trade, Transportation & Utilities, 700; Financial Activities, 200; and Other Services, 100.

 

Seasonally Adjusted Unemployment Rates since December 2017

Dec2017

Jan2018

Feb2018

Mar2018

Apr2018

May2018

Jun2018

Jul2018

Aug2018

Sep2018

Oct2018

Nov2018

Dec2018

N.C.

4.5

4.5

4.5

4.5

4.4

4.3

4.2

4.1

3.9

3.8

3.6

3.6

3.6

U.S.

4.1

4.1

4.1

4.0

3.9

3.8

4.0

3.9

3.8

3.7

3.8

3.7

3.9

* Please note: 2017 Numbers Have Been Annually Revised *

 

Since December 2017, Total Nonfarm jobs gained 87,200 with the Total Private sector growing by 82,700 and Government increasing by 4,500. The largest over-the-year increase among major industries was Trade, Transportation & Utilities at 22,800, followed by Professional & Business Services, 14,300; Education & Health Services, 13,200; Leisure & Hospitality Services, 9,900; Financial Activities, 7,500; Manufacturing, 7,500; Construction, 6,400; Government, 4,500; and Information, 2,200. Major industries experiencing decreases were Other Services, 1,000; and Mining & Logging, 100.

The next unemployment update is scheduled for Wednesday, January 30, 2019 when the county unemployment rates for December 2018 will be released.

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