NC's unemployment rate drops slightly

April 16, 2010 4:31:53 PM PDT
North Carolina's March unemployment rate is down slightly from February's rate.

According to data released by the NC Employment Security Friday, the rate decreased from 11.2 in February to 11.1 in March.

"North Carolina gained 3,300 jobs in March," said ESC Chairman Lynn Holmes. "Manufacturing and Construction both had small gains in the month. But, we need to see a more consistent pattern of growth in our job sectors in the coming months before we can be sure this is a sign of sustained growth."

The new numbers also contained hopeful news.

There were nearly 2,800 fewer people on the unemployment rolls. An additional 18,000 have jobs, meaning that in the past year the number of people getting a non-farm paycheck increased by more than 61,000.

Holmes says despite the good signs it's too early to know if the March data are evidence of sustained economic growth.

The next unemployment update is scheduled for Friday, April 23, when the county unemployment rates for the month of February will be released.

Click here for a detailed report of March's statistics.

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