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NC gains jobs as unemployment rate inches lower

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THIS INFORMATION FROM A NEWS RELEASE SENT TO THE WWAY NEWSCHANNEL 3 NEWSROOM

RALEIGH, NC (ESC) — North Carolina gained 13,900 nonfarm jobs in March while the state's unemployment decreased to 9.7 percent. This is the third consecutive month of nonfarm jobs increasing.

"It's certainly encouraging to see several months of job growth in the first quarter this year," said ESC Chairman Lynn R. Holmes. “"e will continue to collaborate with our workforce partners in keeping with Gov. Perdue's mission to grow jobs in North Carolina. Our offices statewide also remain committed to providing resources to those looking for work and those needing unemployment benefits."

Seasonally adjusted total nonfarm industry employment, as gathered through the monthly establishment survey increased by 13,900 to 3,894,700 in March. The largest over-the-month employment increase occurred in professional & business services (+6,000). The largest decrease was in other services (-1,600) and manufacturing (-600). Over the year, nonfarm industry employment has increased by 36,500 jobs.

The number of people employed (seasonally adjusted) increased by 13,402 to 4,043,437. The number of people unemployed decreased by 1,949 workers, to 434,996. Since this time last year, the number of people unemployed has decreased by 80,359 and the number of workers employed is down 3,038. The state unemployment rate in March 2010 was 11.3 percent.

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