economy

This tag is associated with 25 posts

WalletHub says NC jobless claims fell nearly 16% last week

April 5. The unemployment situation in North Carolina is improving, with last week’s jobless claims 15.69 percent lower than the previous week and 22.50 percent lower than last year, according to WalletHub’s new report on state-by-state report on where unemployment claims are increasing the most. Unemployment-wise North Carolina came in 46th out of 50 states, […]

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Mecklenburg County jobless rate slightly higher in February

April 4. The Mecklenburg County unemployment rate was 3.8 percent in February, up slightly from the previous month (3.6 percent) and from one year ago (3.7 percent). According to the NC Dept. of Commerce, Mecklenburg ranked No. 55 among 100 counties in terms of unemployment. Unemployment rates (not seasonally adjusted) increased in 50 of North […]

NC jobless rate flat at 3.5%; national rate is 3.9%

March 22. The state’s seasonally adjusted February 2024 unemployment rate was 3.5 percent, unchanged from January’s revised rate. The national rate increased 0.2 of a percentage point to 3.9 percent. North Carolina’s unemployment rate increased 0.1 of a percentage point from a year ago. The number of people employed increased 3,135 over the month to […]

NC unemployment rate is 3.5%, US at 3.7%

March 11. North Carolina’s seasonally adjusted unemployment rate was 3.5 percent in January, down 0.1 of a percentage point from December’s revised rate. The national rate remained unchanged at 3.7 percent. The number of people employed increased 6,721 over the month to 5,068,208 and increased 64,125 over the year. The number of people unemployed decreased […]

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S&P says Charlotte home price gains among Top 5 nationally

Feb. 29. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5 percent annual gain in December, with Charlotte prices up 8 percent. San Diego reported the highest year-over-year gain among the 20 cities with an 8.8 percent increase in December, followed by Los Angeles and […]

Source: NC Dept. of Commerce

NC jobless rate increased slightly in November

Dec. 27. North Carolina’s unemployment rate rose a tenth of 1 percent to 3.5 percent in November, while the national rate decreased two-tenths of a percentage point to 3.7 percent. The state’s unemployment rate was down 0.4 of a percentage point from a year ago. According to the NC Dept. of Commerce, the number of […]

NC October jobless rate same as September, down .5% from year-ago

Nov. 17. The state’s seasonally adjusted October 2023 unemployment rate was 3.4 percent, unchanged from September’s revised rate. The national rate increased 0.1 of a percentage point to 3.9 percent. North Carolina’s unemployment rate decreased 0.5 of a percentage point from a year ago. The number of people employed increased 5,231 over the month to […]

Changes in unemployment rates | Source: WalletHub

Unemployment post-COVID: NC is about in the middle of the pack

Oct. 24. September’s national jobs report showed above-average increases in hiring over the past month. The economy gained 336,000 non-farm payroll jobs, exceeding the average monthly gain of 267,000 over the past 12 months. In September, there were notable gains in sectors including leisure and hospitality, government, health care, professional, scientific, and technical services and […]

NC unemployment rate at 3.4%; US at 3.8%

Oct. 20. The state’s seasonally adjusted unemployment rate in September was 3.4 percent, a slight increase of 0.1 percent from August’s revised rate. The national rate remained unchanged at 3.8 percent. However, North Carolina’s unemployment rate decreased 0.5 of a percentage point from a year ago. The number of people employed increased 14,985 over the month […]

Mecklenburg’s August jobless rate down from same time last year

Sept. 27. Not seasonally adjusted unemployment rates increased in 41 of North Carolina’s counties in August 2023, decreased in 28, and remained unchanged in 31. Scotland County had the highest unemployment rate at 6.2 percent while Swain County had the lowest at 2.7 percent. Seven of the state’s metro areas experienced rate decreases, two increased, […]