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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 This material may not be published, broadcast, rewritten or redistributed.)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)

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4 Comments on "August unemployment rate in NC is 8.7 percent"


Vog46
2015 years 8 months ago

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

Guest2020
2015 years 8 months ago

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

Erlkoenig
2015 years 8 months ago

“…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.

GuestMan.
2015 years 8 months ago

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

 

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