Special to Iredell Free News
The State of North Carolina’s seasonally adjusted July unemployment rate was 4.4 percent, decreasing 0.2 of a percentage point from June’s revised rate. The national rate decreased 0.5 of a percentage point to 5.4 percent.
North Carolina’s July 2021 unemployment rate decreased 4.4 percentage points from a year ago. The number of people employed increased 8,361 over the month to 4,777,400 and increased 278,125 over the year. The number of people unemployed decreased 9,579 over the month to 222,315 and decreased 210,978 over the year.
Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 75,600 to 4,580,800 in July. Major industries experiencing increases were Government, 53,800; Professional & Business Services, 10,700; Construction, 4,300; Leisure & Hospitality Services, 3,800; Manufacturing, 3,100; Financial Activities, 600; and Other Services, 600. Major industries experiencing decreases were Education & Health Services, 900; and Information, 400. Mining & Logging and Trade, Transportation & Utilities employment remained unchanged.
Seasonally Adjusted Unemployment Rates since July 2020
Since July 2020, Total Nonfarm jobs increased 270,200 with the Total Private sector increasing by 215,400 and Government increasing by 54,800. Major industries experiencing increases were Leisure & Hospitality Services, 70,200; Government, 54,800; Professional & Business Services, 46,100; Trade, Transportation & Utilities, 34,700; Manufacturing, 23,800; Construction, 16,100; Education & Health Services, 8,100; Information, 5,800; Other Services, 5,800; Financial Activities, 4,600; and Mining & Logging, 200.