Over the past year, NC employment has grown by 1.4 percent, slightly above the national average of 1.2 percent.
Our employment growth has slowed from this time last year, mirroring the national trend, but the official unemployment rate has continued to improve. In September 2016, our state’s unemployment rate was 5.1 percent, above the national average. The latest numbers show that the current rate has fallen to 4.1 percent, a full percent improvement from last year, and now better than the national average.
The Charlotte, Raleigh, Durham and Wilmington metros continue to show the strongest growth.
– Ted Abernathy, Economic Leadership LLC