State unemployment rate hits 25-year high

December 18, 2008 9:00:00 PM PST
The economic picture for North Carolina continued to worsen Friday as new unemployment numbers reached a 25-year high.The Employment Security Commission of North Carolina said the rate hit 7.9 percent. That's the highest it's been since 1983.

"Many employers are faced with layoffs or cutting back hours. Several job areas, including manufacturing and professional and business services, have been affected by the national business climate. During the last year, employment in those sectors alone is down by 57,600," explained ESC Chairman Harry E. Payne Jr. in a statement released to the media.

Seasonally adjusted employment decreased by 58,621workers to 4,206,363. Unemployment increased by 35,828 workers, to 359,319. The number of workers who were unemployed, but actively seeking work is at an all-time high at 359,319.

County by county unemployment data for November will come out January 6.


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