The total number of people employed in North Carolina set a new record for a fourth straight month in October, while the percentage of residents who were out of work has declined by a half-percent from one year ago.
According to the N.C. Department of Commerce report released Friday, the total number of people employed increased 5,231 last month to 5,093,141 and has grown by 132,990 over the previous 12 months.
Seasonally adjusted total non-farm employment, as gathered through the monthly establishment survey, decreased 7,700 to 4,938,400 in October.
Major industries experiencing increases last month were Leisure & Hospitality Services, 2,400; Education & Health Services, 700; Trade, Transportation & Utilities, 500; and Other Services, 300.
Major industries taking losses were Professional & Business Services, 4,900; Construction, 2,100; Manufacturing, 2,100; Government, 1,400; Information, 700; and Financial Activities, 400. Mining & Logging employment remained unchanged.
Since October 2022, total non-farm jobs increased 96,600 with the private sector increasing by 82,900 and government increasing by 13,700.
Major industries that have increased over the past year were Education & Health Services, 32,700; Leisure & Hospitality Services, 25,600; Professional & Business Services, 14,900; Trade, Transportation & Utilities, 13,800; Government, 13,700; Other Services, 2,600; Financial Activities, 2,400; and Information, 900.
Major industries seeing declines were Manufacturing, 6,000; and Construction, 4,000. Mining & Logging employment remained unchanged over the year.
The state’s seasonally adjusted October 2023 unemployment rate was 3.4 percent, unchanged from September’s revised rate, with 2,815 more people filing claims. The national rate increased 0.1 of a percentage point to 3.9 percent.
The number of people unemployed has decreased 23,098 since October 2022.
