NC unemployment down to 6.3 percent
by Staff Reports
The state's seasonally adjusted March unemployment rate was 6.3 percent, decreasing 0.1 of a percentage point from February's revised rate of 6.4 percent, according to the N.C. Department of Commerce. The national rate remained at 6.7 percent in March.
North Carolina's March 2014 unemployment rate was 2.2 percentage points lower than a year ago. The number of people employed increased 10,277 over the month to 4,373,265, and increased 56,211 over the year. The number of people unemployed decreased 2,412 over the month to 294,658, and declined 105,637 over the year.
The numbers of unemployed persons are derived from surveys conducted for the U.S. Bureau of Labor Statistics, with an unemployed person being someone who has actively looked for a job within a four-week period.
Seasonally adjusted total non-farm industry employment, as gathered through the monthly establishment survey, increased 19,400 to 4,100,300 in March. The major industry with the largest over-the-month increase was professional and business services at 7,600; followed by trade, transportation and utilities, 5,500; education and health services, 3,500; leisure and hospitality services, 2,800; manufacturing, 900; construction, 300; and other services, 200.
Major industries to experience decreases were information, 600; government, 500; and financial activities, 300. Mining and logging employment remained flat over the month.