N.C. unemployment rate falls to 4.8 percent

RALEIGH (AP) — North Carolina’s unemployment rate went down to 4.8 percent in October.

That rate is slightly lower than September’s 4.9 percent and slightly above the national rate of 4.7 percent. One year ago, the rate in North Carolina was 4.9 percent.

Since then, the state’s unemployment rate has stayed between 4.5 percent and 5 percent.

State labor officials say the labor force decreased slightly, from 4.55 million in September to 4.53 million.

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