November unemployment in N.C. down 0.3 percent from a year ago

November unemployment in N.C. down 0.3 percent from a year ago

December 18th, 2022

The state’s seasonally adjusted November 2022 unemployment rate was 3.9 percent, increasing 0.1 of a percentage point from October’s revised rate. The national rate remained unchanged at 3.7 percent.

North Carolina’s unemployment rate decreased 0.3 of a percentage point from a year ago. The number of people employed decreased 8,381 over the month to 4,925,524 and increased 141,392 over the year. The number of people unemployed increased 6,442 over the month to 200,523 and decreased 10,115 over the year.

Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 5,300 to 4,838,100 in November. Major industries experiencing increases were Leisure & Hospitality Services, 4,500; Financial Activities, 2,300; Education & Health Services, 1,700; Government, 1,100; and Other Services, 100. Major industries experiencing decreases were Trade, Transportation & Utilities, 2,000; Professional & Business Services, 1,400; Construction, 500; Manufacturing, 300; and Information, 200. Mining & Logging employment remained unchanged.

Since November 2021, Total Nonfarm jobs increased 199,100 with the Total Private sector increasing by 186,200 and Government increasing by 12,900. Major industries experiencing increases were Professional & Business Services, 50,500; Leisure & Hospitality Services, 44,200; Education & Health Services, 31,900; Financial Activities, 14,100; Government, 12,900; Manufacturing, 11,800; Trade, Transportation & Utilities, 11,500; Construction, 11,400; Other Services, 7,500; and Information, 3,400. The only major industry experiencing a decrease over the year was Mining & Logging, 100.

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