Special to IFN
North Carolina’s seasonally adjusted March 2025 unemployment rate was 3.7 percent, unchanged from February’s revised rate. The national rate increased 0.1 of a percentage point to 4.2 percent.
North Carolina’s unemployment rate increased 0.2 of a percentage point from a year ago.
The number of people employed decreased 574 over the month to 5,098,097 and increased 1,627 over the year. The number of people unemployed decreased 350 over the month to 195,233 and increased 8,235 over the year.
Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 8,300 to 5,070,900 in March. Major industries experiencing increases were Professional & Business Services, 2,500; Government, 1,800; Private Education & Health Services, 1,700; Manufacturing, 1,200; Construction, 600; Leisure & Hospitality Services, 400; Other Services, 300; and Information, 100. Major industries experiencing decreases were Financial Activities, 200; and Mining & Logging, 100. Trade, Transportation & Utilities employment remained unchanged.
Since March of 2024, Total Nonfarm jobs increased 64,400 with the Total Private sector increasing by 48,300 and Government increasing by 16,100. Major industries experiencing increases were Private Education & Health Services, 21,200; Government, 16,100; Professional & Business Services, 13,000; Trade, Transportation & Utilities, 7,800; Construction, 6,900; Other Services, 4,100; Financial Activities, 2,800; and Leisure & Hospitality Services, 1,600. Major industries experiencing decreases were Manufacturing, 8,000; and Information, 1,100. Mining & Logging employment remained unchanged over the year.