NC jobless rate falls just under 11 percent

Jobless rate

December 18, 2009 8:04:38 AM PST
North Carolina's unemployment rate dipped slightly in November to 10.8 percent, according to the most recent figures released Friday.

The rate remains near its historic peak of around 11 percent for a 10th straight month.

According to the Employment Security Commission, November's 10.8 is a fraction lower than October's 10.9 percent. The monthly estimate has yo-yoed slightly above and below 11 percent since February.

The state's unemployment rate has been worse than the national average for more than a year. The U.S. jobless rate was 10 percent in November.

North Carolina's jobless rate was 7.5 percent in November 2008. Since then, the state has paid more than $4.3 billion in unemployment benefits, including emergency compensation and extended benefits.

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