Sunday, August 14, 2022

What Is The Unemployment Rate In North Carolina

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North Carolina Unemployment Calculator

North Carolina unemployment rate fell to 7.6% in June

Calculate your projected benefit by filling quarterly wages earned below:

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To apply for North Carolina unemployment benefits click here

The most recent figures for North Carolina show an unemployment rate of 4.1%.

Non-Monetary Eligibility Requirements

You can collect benefits if you meet a series of legal eligibility requirements:

  • Have earned qualifying wages
  • Are unemployed through no fault of their own
  • Are able and obtainable to work full-time and
  • Are keenly looking for full-time work

In addition to having adequate earnings, you must meet other eligibility benefits to be entitled for UI benefits. Some instances of issues that may influence eligibility for UI benefits comprise:

  • Reason for job separation
  • Self employment or corporate offices
  • Strike or labor disputes
  • Denial of a job offer
  • Alien status

More details on UI eligibility can be found in the unemployment eligibility article.

Monetary Eligibility Requirements

The claimant must have at least $780 in the last two quarters to establish the minimum weekly benefit amount of fifteen dollars . NC Employment Security law limits the maximum WBA to three hundred fifty dollars .

For more information on unemployment eligibility,visit article.

North Carolinas May County And Area Employment Figures Released

Unemployment rates increased in 89 of North Carolinas counties in May, decreased in six, and remained unchanged in five. Scotland County had the highest unemployment rate at 7.3 percent while Chatham and Orange Counties each had the lowest at 2.9 percent. All fifteen of the states metro areas experienced rate increases. Among the metro areas, Rocky Mount had the highest rate at 5.9 percent while Asheville had the lowest at 3.0 percent. The May not seasonally adjusted statewide rate was 3.6 percent.

Counties with Rates 5% or BelowCounties with Rates Between 5% and 10%Counties with Rates Above 10%
May
130

When compared to the same month last year, not seasonally adjusted unemployment rates decreased in all 100 counties. All 15 of the states metro areas experienced rate decreases over the year.

The number of workers employed statewide increased in May by 23,486 to 4,949,923, while those unemployed increased by 12,208 to 187,438. Since May 2021, the number of workers employed statewide increased 270,139, while those unemployed decreased 67,479.

It is important to note that employment estimates are subject to large seasonal patterns therefore, it is advisable to focus on over-the-year changes in the not seasonally adjusted estimates.

The next unemployment update is scheduled for Friday, July 22, 2022 when the state unemployment rate for June 2022 will be released.

Unemployment Rates In Nc Increased In Spring 2020

By Elizabeth Ordoñez on 5.7.21 in Economic Data

Over the past year, the economic impact of COVID-19 has been at the forefront of pandemic response and state-wide reopening plans. In March 2020, businesses across the country closed some of which have never reopened resulting in unemployment levels that surpassed unemployment rates of the Great Recession in 2008.

Although unemployment rates have improved, they have not fully recovered from a year ago. Those living in the U.S. have had to increasingly rely on unemployment insurance after losing their jobs.

According to the United States Department of Labor, unemployment insurance claims in North Carolina peaked in April 2020 with over 478,000 claims. This contrasts to roughly 10,000 claims made in February 2020, right before the pandemic hit. Unemployment claims remained above 100,000 a month until August 2020. As of February 2021, over 39,000 claims were made, nearly four times as high as pre-COVID levels.

The unemployment rate in North Carolina peaked in April 2020 at 13.5%, over two percentage points higher than the peak rate during the Great Recession in April 2009. As of February 2021, the unemployment rate had lowered to 5.7%. However, North Carolinas rate in February 2020 immediately prior to the lockdown was 3.6%.

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North Carolina Unemployment Rates Up In All Fifteen Metropolitan Areas

Eighty-nine of North Carolinas one hundred counties experienced an increase in unemployment last month, according to the latest release from the North Carolina Department of Commerce. Only six counties saw a decrease in unemployment last month, while five experienced no change.

Fifteen counties now have unemployment rates above 5%, two counties more than last month.

Scotland County had the highest unemployment rate at 7.3 percent while Chatham and Orange Counties each had the lowest at 2.9 percent, according to the release.

After months of decreases, each of the states fifteen metropolitan statistical areas saw an increase in unemployment last month. Jacksonville and Greenville saw the highest increase at 0.4%.

Micropolitan areas, defined by the Census Bureau as a core area containing a substantial population nucleus, did worse last month too, with all areas seeing an increase in unemployment except Kill Devil Hills and Rockingham. Laurinburg and Wilson saw no changes.

Over the last year, however, unemployment rates have decreased in all 100 counties as the states average has dropped markedly and as the pandemic recovery continued.

The county unemployment numbers are not seasonally adjusted. The press release from Department of Commerce advises, It is important to note that employment estimates are subject to large seasonal patterns therefore, it is advisable to focus on over-the-year changes in the not seasonally adjusted estimates.

North Carolinas Unemployment Rate Drops Slightly In March

Nc Unemployment Rate July 2020

North Carolina’s unemployment rate continued its steady decline in March, according to the North Carolina Department of Commerce

The states seasonally adjusted unemployment rate fell two-tenths of a percentage point last month to 3.5%. Non-farm employment increased by more than 18,100. The largest gains came in construction , education and health services and manufacturing .

There were slight decreases in employment among mining and logging businesses, which lost 100 workers. Trade, transportation and utility firms lost 1,300 workers last month.

Overall, the Commerce Department says nearly 192,000 more North Carolinians are working now than this time last year. The agency will release county-level unemployment data for March at the end of the month.

Across the U.S., the number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs. Jobless claims rose by 18,000 to 185,000, the Labor Department said, after nearly touching the lowest level since 1968 in the previous week.

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North Carolina’s May Unemployment Rate Remains Unchanged

Robeson County’s jobless rate is expected to be released by the North Carolina Department of Commerce on June 29.

According to Tuesday’s unemployment analysis released on Tuesday, North Carolina’s unemployment rate decreased 1.6 percentage points from a year ago. The number of people employed increased 33,419 over the month to 4,916,580 and increased 218,327 over the year. The number of people unemployed decreased 2,361 over the month to 170,970 and decreased 76,321 over the year.

Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 7,000 to 4,728,200 in May.

Major industries experiencing increases were Manufacturing, 3,700 Financial Activities, 2,200 Leisure & Hospitality Services, 1,700 Education & Health Services, 1,300 Construction, 1,200 Professional & Business Services, 1,200 Other Services, 1,000 and Information, 100. Major industries experiencing decreases were Trade, Transportation & Utilities, 4,300 and Government, 1,100. Mining & Logging employment remained unchanged.

Labor Force Participation Rate For North Carolina

Observation:

Data in this graph are copyrighted. Please review the copyright information in the series notes before sharing.

Frequency: Monthly

Notes:

A state’s labor-force participation rate is the number of all employed and unemployed workers divided against the state’s civilian population.Differences between monthly seasonally-adjusted and not-seasonally-adjusted labor force participation rates are determined by the seasonal components of the LAUS labor force levels.The not seasonally adjusted version of this time series is LBSNSA37

Suggested Citation:

U.S. Bureau of Labor Statistics, Labor Force Participation Rate for North Carolina , retrieved from FRED, Federal Reserve Bank of St. Louis https://fred.stlouisfed.org/series/LBSSA37, July 2, 2022.

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Charlotte Nc Unemployment Rate

The figure to the left portrays the unemployment rate by county, seasonally adjusted for this year. The Department of Labor publishes these statistics on a monthly basis. The Bureau of Labor only includes those who have been out of work within four weeks or less in 2012. It does not represent the actual percentage of people who are jobless.These numbers are readily available to the public 24 hours per day, 7 days per week. They can be searched by city, or by county. These figures essentially determine the length of compensation pay. They also serve as a formidable source of reference to measure economic trends across the United States.

North Carolinas December Employment Figures Released

Veteran unemployment rate in North Carolina high

The states seasonally adjusted December unemployment rate was 6.2 percent, remaining unchanged from Novembers revised rate. The national rate remained unchanged at 6.7 percent.

North Carolinas December 2020 unemployment rate increased 2.6 percentage points from a year ago. The number of people employed increased 27,571 over the month to 4,702,115 and decreased 215,063 over the year. The number of people unemployed decreased 630 over the month to 310,675 and increased 124,552 over the year.

Seasonally adjusted Total Nonfarm industry employment, as gathered through the monthly establishment survey, increased 33,600 to 4,403,200 in December. Major industries experiencing increases were Trade, Transportation & Utilities, 13,700 Professional & Business Services, 11,700 Manufacturing, 4,500 Education & Health Services, 1,900 Financial Activities, 1,800 Government, 1,700 Information, 900 and Other Services, 300. Major industries experiencing decreases were Leisure & Hospitality Services, 2,800 and Mining & Logging, 100. Construction employment remained unchanged.

Seasonally Adjusted Unemployment Rates since December 2019

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Income And Other Inequalities

Studies from CDC and others have shown a correlation3 between obesity and poverty. In this Colab notebook , we explore the relation between poverty, unemployment and obesity. Unfortunately, many other medical conditions are inversely correlated with economic well being.

Explore the relation between these variables for counties across the US:

Life expectancy across Europe Life is getting better in Europe, with high life expectancy in addition to decreasing crime. People are living healthier as well and smoking less. However, some economies just have more ups and downs than others. Additionally,fertility rates have come down quite a bit, though not as much as inthese places.

1. RCP 2.6 , represents a stringent mitigation scenario, while RCP 8.5 represents a scenario with very high Greenhouse Gas emissions. Source: IPCC

Environmental health : a global access science source vol. 16,1 32. 4 Apr. 2017, doi:10.1186/s12940-017-0238-0

3. Correlation does not imply causation. See this guide for more on correlation.

What Is The Household Pulse Survey

The U.S. Census Bureaus Household Pulse Survey is an ongoing survey to track the impacts of the COVID-19 pandemic on the lives of people in the United States. It is an experimental data product that was developed and implemented rapidly to deliver data about pressing issues to policymakers so that they could make decisions quickly.

The HPS represents a collaboration between the U.S. Census Bureau and multiple federal agencies, including the Centers for Disease Control. The HPS began on April 23, 2020 and will continue through . The questionnaire has changed over time to reflect the evolving pandemic.

Because it is an experimental data product, the HPS data may not meet all the high standards of data quality and statistical reliability of traditional Census Bureau data. In particular, the State Health Access Data Assistance Center , notes that the HPS has relatively low response rates and is an internet-based survey, with individuals invited to participate by email and text message. SHADAC emphasizes that these issues in particular could be potential sources of bias but come with tradeoffs of increased speed and flexibility in data collection as well as lower costs.

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North Carolina Unemployment Rate Falls To 37% In February

    RALEIGH North Carolina’s unemployment rate fell further below 4% in February, the state Commerce Department said on Friday, as the rolls of the unemployed continued to fall.

    The seasonally adjusted jobless rate of 3.7% compared to 3.9% unemployment in January extending a streak in which the state hasnt logged a month-over-month rising rate since September 2020. The December rate was 4.1%.

    The number of those unemployed declined by over 10,150 people to about 187,250, a department news release said, while those working grew by 18,100 to almost 4.83 million people.

    With another counting format based on monthly worksite surveys, the agency reported seasonally adjusted total nonfarm employment rose by 22,400 to almost 4.69 million. The leisure and hospitality services industry and professional and business services sector saw the largest percentage increases in employment in February.

    Gov. Roy Coopers office, citing state economists, said last week that the states economy had recovered to pre-pandemic employment levels last July.

    North Carolina’s Unemployment Rate Declined In April To Its Lowest Level Since 1999

    Breaking down North Carolina
    • May 23, 2022

    Esperanza Carrillo, of Burlington, N.C., washes cars at Vivas Hand Car Wash on Wednesday, March 11, 2020.

    The unemployment rate in North Carolina continued to decline in April to the lowest level since 1999.

    The seasonally adjusted unemployment rate for April was 3.4%, a decrease of 0.1% from the previous month and 0.2% better than the national rate of 3.6%.

    The new rate marks a 1.7% decrease over the last year, with the number of unemployed going down 3,917 over the last month to 173,348, or a decrease of 79,156 over the last year, according to data released by the North Carolina Department of Commerce on Friday.

    “The number of people employed increased 30,263 over the month to 4,883,507 and increased 203,995 over the year,” according to the department.

    Seasonally adjusted total nonfarm employment increased in April by 11,300 to 4,729,100.

    “Major industries experiencing increases were Professional & Business services, 5,500 Leisure & Hospitality Services, 4,200 Financial Activities, 2,800 Manufacturing, 2,200 Other Services, 1,300 Government, 900 Trade, Transportation & Utilities, 900 and Information, 300,” according to the Department of Commerce.

    “Major industries experiencing decreases were Construction, 5,900 and Education & Health Services, 900. Mining & Logging employment remained unchanged.”

    Total nonfarm jobs increased by 185,600 since April 2021, with 174,900 in the private sector and 10,700 in government.

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    North Carolina’s Unemployment Rate In March Eclipses Pre

      Esperanza Carrillo, of Burlington, N.C., washes cars at Vivas Hand Car Wash on Wednesday, March 11, 2020.

      North Carolinas seasonally adjusted unemployment rate continued to decline in March to 3.5%, falling 0.2% over the last month to eclipse the pre-pandemic rate of 3.6%.

      The state unemployment rate fell by the same .2% as the national average in March, when it came in at just 0.1% lower than the national average of 3.6%.

      North Carolinas 3.5% March unemployment rate is a decrease of 1.7% from a year ago, and it translates into an increase of 191,889 jobs over the last year.

      The number of people employed in March increased by 25,123 over Februarys figures for a total number employed of 4,853,239. The number of people unemployed, meanwhile, decreased by 9,880 over the last month to 177,303, a figure thats 80,734 lower than a year ago, according to the North Carolina Department of Commerce.

      North Carolina is creeping closer to what experts at the John Locke Foundation consider a full recovery from the pandemic: Matching or eclipsing the 5.1 million in the labor force in January 2020.

      Paige Terryberry, senior analyst for fiscal policy at the John Locke Foundation, said labor force participation is still below the pre-pandemic high, but the unemployment rate is better.

      “Less people returned to the labor force,” she said. “The number of employed people and unemployed people looking for work is smaller.”

      North Carolinas May Employment Figures Released

      The states seasonally adjusted May 2022 unemployment rate was 3.4 percent, remaining unchanged from Aprils revised rate. The national rate remained unchanged at 3.6 percent.

      North Carolinas unemployment rate decreased 1.6 percentage points from a year ago. The number of people employed increased 33,419 over the month to 4,916,580 and increased 218,327 over the year. The number of people unemployed decreased 2,361 over the month to 170,970 and decreased 76,321 over the year.

      Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 7,000 to 4,728,200 in May. Major industries experiencing increases were Manufacturing, 3,700 Financial Activities, 2,200 Leisure & Hospitality Services, 1,700 Education & Health Services, 1,300 Construction, 1,200 Professional & Business Services, 1,200 Other Services, 1,000 and Information, 100. Major industries experiencing decreases were Trade, Transportation & Utilities, 4,300 and Government, 1,100. Mining & Logging employment remained unchanged.

      Seasonally Adjusted Unemployment Rates since May 2021

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      North Carolinas July Employment Figures Released

      The states seasonally adjusted July unemployment rate was 4.4 percent, decreasing 0.2 of a percentage point from Junes revised rate. The national rate decreased 0.5 of a percentage point to 5.4 percent.

      North Carolinas July 2021 unemployment rate decreased 4.4 percentage points from a year ago. The number of people employed increased 8,361 over the month to 4,777,400 and increased 278,125 over the year. The number of people unemployed decreased 9,579 over the month to 222,315 and decreased 210,978 over the year.

      Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 75,600 to 4,580,800 in July. Major industries experiencing increases were Government, 53,800 Professional & Business Services, 10,700 Construction, 4,300 Leisure & Hospitality Services, 3,800 Manufacturing, 3,100 Financial Activities, 600 and Other Services, 600. Major industries experiencing decreases were Education & Health Services, 900 and Information, 400. Mining & Logging and Trade, Transportation & Utilities employment remained unchanged.

      Seasonally Adjusted Unemployment Rates since July 2020

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