RALEIGH — The state’s seasonally adjusted April 2023 unemployment rate was 3.4 percent, decreasing 0.1 percent from March’s revised rate. according to N.C. Department of Commerce figures released this week. The national rate decreased 0.1 percent to 3.4 percent.
North Carolina’s unemployment rate increased 0.1 percent from a year ago. The number of people employed increased 16,200 over the month to 5,012,688 and increased 24,183 over the year. The number of people unemployed decreased 4,221 over the month to 178,853 and increased 6,517 over the year.
Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 3,600 to 4,891,300 in April. Major industries experiencing increases were Education & Health Services, 3,000; Trade, Transportation & Utilities, 3,000; Financial Activities, 1,200; Other Services, 700; and Construction, 300. Major industries experiencing decreases were Professional & Business Services, 1,800; Leisure & Hospitality Services, 1,400; Manufacturing, 1,100; Information, 200; and Government, 100. Mining & Logging employment remained unchanged.
Since April 2022, Total Nonfarm jobs increased 117,100 with the Total Private sector increasing by
110,600 and Government increasing by 6,500. Major industries experiencing increases were Leisure & Hospitality Services, 29,200; Education & Health Services, 27,700; Professional & Business Services, 17,100; Other Services, 9,400; Construction, 8,000; Trade, Transportation & Utilities, 6,700; Government, 6,500; Financial Activities, 6,100; Manufacturing, 3,400; and Information, 3,100. The only major industry experiencing a decrease over the year was Mining & Logging, 100.
The next unemployment update is scheduled for Wednesday, May 31 when the county unemployment rates for April 2023 will be released.
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