Special to Iredell Free News
RALEIGH — The State of North Carolina’s seasonally adjusted November unemployment rate was 3.9 percent, decreasing 0.2 of a percentage point from October’s revised rate. The national rate decreased 0.4 of a percentage point to 4.2 percent.
North Carolina’s November 2021 unemployment rate decreased 2.5 percentage points from a year ago. The number of people employed increased 18,133 over the month to 4,843,510 and increased 130,872 over the year. The number of people unemployed decreased 10,177 over the month to 198,226 and decreased 124,884 over the year.
Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 3,500 to 4,554,800 in November. Major industries experiencing increases were Professional & Business Services, 5,000; Leisure & Hospitality Services, 2,400; Manufacturing, 1,700; Education & Health Services, 1,300; Other Services, 900; Information, 300; and Mining & Logging, 100. Major industries experiencing decreases were Trade, Transportation & Utilities, 3,700; Construction, 1,900; Financial Activities, 1,300; and Government, 1,300.
Seasonally Adjusted Unemployment Rates
Since November 2020, Total Nonfarm jobs increased 140,500 with the Total Private sector increasing by 137,100 and Government increasing by 3,400. Major industries experiencing increases were Leisure & Hospitality Services, 43,200; Professional & Business Services, 34,400; Manufacturing, 21,300; Trade, Transportation & Utilities, 18,200; Construction, 10,700; Information, 5,400; Other Services, 4,800; Government, 3,400; Financial Activities, 100; and Mining & Logging, 100. The only major industry experiencing a decrease over-the-year was Education & Health Services, 1,100.