economy
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, […]
Labor Day By the Numbers
Aug. 30. WalletHub’s Labor Day survey provides a snapshot of the American working public and some are struggling. For example, the Writers Guild and SAG-AFTRA have been striking for months to improve pay and ensure AI isn’t used to hurt workers. Some of the findings: —Many people have started working harder. 63% of people say […]
NC jobless rate unchanged, with better prospects for a ‘soft landing’ nationally
Aug. 18. The state’s seasonally adjusted unemployment rate was 3.3 percent in July, unchanged from June’s revised rate. The national rate decreased 0.1 of a percentage point to 3.5 percent. And despite multiple rate hikes over the past year, the US economy remains remarkably resilient, growing at an annualized rate of 2.4 percent in the […]
NC’s June jobless rate fell .1% from May
July 21. North Carolina’s seasonally adjusted June 2023 unemployment rate was 3.3 percent, decreasing 0.1 of a percentage point from May’s revised rate. The national rate decreased 0.1 of a percentage point to 3.6 percent. The state’s unemployment rate decreased 0.3 of a percentage point from a year ago. The number of people employed increased […]
NC among Top 10 states for best economy
June 7. North Carolina has the nation’s seventh best state economy, according to a new report from WalletHub. WalletHub compared all 50 states and the District of Columbia on economic strength, change in GDP, startup activity and share of jobs in high-tech industries. To view the full WalletHub report, click here. Economic Performance of North […]
Unemployment data from NC Dept. of Commerce, WalletHub
Dec. 2. For the week of Nov. 21, new unemployment claims in North Carolina were 35.95 percent lower than in the previous week, according to WalletHub’s updated rankings for the States Where Unemployment Claims Are Decreasing the Most. But new data released yesterday by the NC Dept. of Commerce is not as rosy. Unemployment rates […]
Obesity weighs heavily on small businesses
Nov. 17. With November being National Diabetes Awareness Month and obesity costing $173 billion each year, the personal-finance website WalletHub today released its report on 2022’s Most Overweight & Obese States in America. North Carolina came in 15th in the Most Overweight & Obese States list. West Virginia was first; Colorado, last. Obesity & Overweight Problem […]
Economy by the numbers
Aug. 2. The Bureau of Economic Analysis reported that the GDP contracted .9 percent in the second quarter of 2022, following a steeper dip of 1.6 percent in the first quarter of the year. That comes on top of other negative trends, including a 9.1 percent increase in inflation in June 2022 compared to June […]
NC has 3 cities near the top of ‘Best Places to Start a Business’ list
April 25. Everyone knows Charlotte is at or near the top of US cities in terms of net in-migration, but a new study also ranks it 13th among 100 large US cities to start a business. The study from WalletHub put Durham at fourth-place and Raleigh at eighth-place, in an array of cities from Albuquerque […]
