RALEIGH: NC jobless rate inches up to 6.5 percent for July - Local news, weather, sports Savannah | WSAV On Your Side

NC jobless rate inches up to 6.5 percent for July

Posted: Updated:
File Photo File Photo
RALEIGH, N.C. -

North Carolina's unemployment rate inched higher for July as the state's labor force declined by nearly 15,000 over the course of a month, state officials said Monday.

The jobless rate increased by 0.1 percentage points to 6.5 percent in July after being flat for two months, according to a report by the Commerce Department. North Carolina's unemployment rate was higher than the national rate of 6.2 percent.

The number of people with jobs fell from the previous month by a seasonally adjusted 20,000 to about 4.4 million, representing the second straight month the number has fallen. Meanwhile, the number of unemployed — those without a job but available and looking for work — increased by about 5,300 to just over 304,000.

The state's labor force — a combination of those with jobs and people who are looking for work — dropped by 14,550 over the month to nearly 4.7 million.

North Carolina-based economist Mark Kurt said the report was disappointing compared to recent months in which the jobless rate dipped as low as 6.2 percent in April.

"The number of employed decreased almost 20,000, when it's seasonally adjusted, which is quite a bit," said Kurt, an associate professor of economics at Elon University.

Still, Kurt noted the numbers look better than they did a year ago when the unemployment rate was 1.6 percentage points higher. Total private sector jobs have grown by about 94,000 since July 2013.

"When you compare it year to year, it's not a bad report," he said. "Overall, the last year has been good for North Carolina."

The industry with the biggest seasonally adjusted gain in jobs from the prior month was professional and business services, with an increase of 4,800. Education and health services lost 1,600 jobs, the largest decline from the previous month.

Copyright 2014 The Associated Press. All rights reserved.
  • Trending StoriesMore>>

  • Letter found with body of App State student, police say

    Letter found with body of App State student, police say

    Monday, September 15 2014 5:16 PM EDT2014-09-15 21:16:12 GMT
    The body of Anna Smith was discovered in a heavily wooded area in Boone.The body of Anna Smith was discovered in a heavily wooded area in Boone.
    The Boone Police Department said a letter was discovered with the body of an Appalachian State University student, indicating her death may have been a suicide.
    The Boone Police Department said a letter was discovered with the body of an Appalachian State University student, indicating her death may have been a suicide.
  • 'Party mansion' owner convicted of tax and healthcare fraud

    'Party mansion' owner convicted of tax and healthcare fraud

    Friday, September 12 2014 12:38 PM EDT2014-09-12 16:38:35 GMT
    File photoFile photo
    A former Raleigh resident, known for the wild parties held at his “party mansion” in North Raleigh, was sentenced to more than 10 years in prison for tax fraud, healthcare fraud and money laundering crimes, according to a United States Department of Justice release.
    A former Raleigh resident, known for the wild parties held at his “party mansion” in North Raleigh, was sentenced to more than 10 years in prison for tax fraud, healthcare fraud and money laundering crimes, according to a United States Department of Justice release.
  • 3 Panther Creek students injured in Cary crash identified

    3 Panther Creek students injured in Cary crash identified

    Tuesday, September 16 2014 3:02 PM EDT2014-09-16 19:02:29 GMT
    Three students from Panther Creek High School were injured Tuesday in an accident involving a SUV and a dump truck.
    Three students from Panther Creek High School were injured Tuesday in an accident involving a SUV and a dump truck.
  • Trending Stories on WNCN.com

Powered by WorldNow

1430 East Victory Drive
Savannah, GA 31404

Telephone: 912.651.0300
Fax: 912.651.0320
Email: newsemailalert@wsav.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.