make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

August unemployment rate in NC is 8.7 percent

READ MORE:
unemployment.jpeg

RALEIGH, NC (AP) -- North Carolina's jobless rate is continuing its downward trend after a one-month increase.

The state Commerce Department said Friday the August unemployment rate was 8.7 percent, compared with 8.9 percent the month before. The July rate was the first month-to-month increase since January.

The national unemployment rate is now 7.3 percent, down from a peak of 10 percent during the recession.

North Carolina data show the number of employed people fell by almost 3,600 workers between July and August. The number of unemployed fell by a greater amount, or about 8,700 people.

The trend of falling unemployment rates across the country has come, in large part, due to the number of people who stopped looking for a job. The government does not count those people as unemployed.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

9/20/2013 10:19:53 AM (GMT -4:00)

Disclaimer: Comments posted on this, or any story are opinions of those people posting them, and not the views or opinions of WWAY NewsChannel 3, its management or employees. You can view our comment policy here.

»

I love how they use the

I love how they use the formula that makes them look the best, instead of providing numbers that reflect reality.

Not good

We STILL rank 6th highest in unemployment and our rate is going nowhere while the national rate is trending down for whatever the reason is.
We are still early in McLiars budget - but I will need to see some movement in the unemployment rate soon or else it will appear as though his economic plan is a train wreck...........

Vog

"...number of people who

"...number of people who stopped looking for a job. The government does not count those people as unemployed."

This is because the Obummer Administration is more concerned with the number of homosexuals there are.

Homophobic

If you are not gay then whay are you worried about it?