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Unemployment down in NC for 3rd straight month

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RALEIGH, NC (AP) -- The signs for jobless North Carolina residents are improving as the May unemployment rate fell for the third straight month, this time to 10.3 percent.

The state Employment Security Commission said Friday the unemployment rate fell from 10.8 percent in April. The national unemployment rate fell to 9.7 percent in May from 9.9 percent the previous month.

The number of people working increased by nearly 15,000 and the number on the unemployment rolls decreased by almost 21,000 workers.

Another good sign in the North Carolina data is that manufacturers are pushing their employees to work longer hours. That increases the pressure for factories to speed hiring.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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And Now,

the rest of the story.

There are several factors not mentioned.

Our state government added 16,100 new positions since her Majesty's inauguration. Public sector jobs only benefit the job holder. They are funded by public money -- which is another way of saying tax dollars.

Want long term solutions? Let the legislature enact some friendlier business tax provisions which will encourage private business growth. And I am not talking give away tax incentives which reward selected business entities for bringing jobs to a specific location.

Those listed as being off "unemployment" may not have found work; they may be out of benefits.

Let's not forget the impact of those temporary census positions. They will soon end.

We're not seeing light at the end of the tunnel.