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NC January unemployment rate falls to 6.7 percent

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EMERY P. DALESIO
AP Business Writer

RALEIGH, NC (AP) -- North Carolina's unemployment rate is at 6.7 percent and falling.

The state Commerce Department reported Monday that January's jobless rate fell from 6.9 percent in December and continues approaching the national average of 6.6 percent.

An additional 17,000 people were working in January, compared with the previous month. The total number of people with jobs or looking for work increased by 6,000.

That's important because some economists say much of reason for the rapid fall in the jobless over the past year was related to thousands of discouraged people giving up on finding work. The same trend of a shrinking labor force and declining unemployment rate has been noted nationally as well.

The January report shows more than 60,000 left the labor force in the previous year.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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"The Carolina Comeback"

It's just as disingenuous as Obama's economic come back:

http://finance.yahoo.com/news/carolina-comeback-masks-long-term-10450001...

...snip....
"in the six months after the new law took effect, according to the Bureau of Labor Statistics, North Carolina added 41,364 jobs. (Actually the state’s weakest showing in the second half of the year since 2010.) Over that same time period, the number of people listed as unemployed dropped by 93,625, indicating that even during that period of job growth, more than half of the decline in the number of the unemployed came not from people finding work, but from leaving the workforce."

Like the Dems claiming huge job creation.
Not happening - not nationwide, and certainly not here

Vog