North Carolina's November Employment Figures Released
Raleigh, N.C. - The state’s seasonally adjusted November 2023 unemployment rate was 3.5 percent, increasing 0.1 of a percentage point from October’s revised rate. The national rate decreased 0.2 of a percentage point to 3.7 percent.
North Carolina’s unemployment rate decreased 0.4 of a percentage point from a year ago. The number of people employed increased 2,417 over the month to 5,095,540 and increased 134,850 over the year. The number of people unemployed increased 2,816 over the month to 182,214 and decreased 17,642 over the year.
Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 13,600 to 4,949,300 in November. Major industries experiencing increases were Professional & Business Services, 3,100; Education & Health Services, 2,900; Leisure & Hospitality Services, 2,800; Construction, 2,500; Government, 2,500; Financial Activities, 2,300; Other Services, 500; and Mining & Logging, 100. Major industries experiencing decreases were Trade, Transportation & Utilities, 1,900; Information, 1,100; and Manufacturing, 100.
Since November 2022, Total Nonfarm jobs increased 103,800 with the Total Private sector increasing by 86,800 and Government increasing by 17,000. Major industries experiencing increases were Education & Health Services, 33,800; Leisure & Hospitality Services, 21,200; Professional & Business Services, 20,300; Government, 17,000; Trade, Transportation & Utilities, 11,300; Financial Activities, 4,200; Other Services, 2,100; and Mining & Logging, 100. Major industries experiencing decreases were Manufacturing, 5,500; Construction, 500; and Information, 200.
The next unemployment update is scheduled for Thursday, January 4, 2024 when the county unemployment rates for November 2023 will be released.
Are you tired of being bombarded by paywalls and pop-up ads when trying to read the news? Do you believe that access to reliable political news should be free and accessible to everyone? Then we urge you to support NC Political News, a weekly electronic political news outlet.
NC Political News is committed to providing high-quality, unbiased political reporting with columnists from all political sides. Unlike other news outlets, NC Political News is free to read and supported by businesses who purchase ad space on our website and in our newsletter, which goes out Monday through Friday at 7:00 am. This means that readers like you can access the news without being asked to pay a cent or dealing with frustrating advertisements.
However, to continue providing this valuable service, NC Political News needs your support. If you believe in the importance of accessible, free news, we urge you to click the image below. Any amount of support is appreciated.
Together, we can keep the news free and help ensure our state stays informed and connected.
