NC unemployment rate hits 11.2 percent

March 26, 2010 7:17:42 AM PDT
North Carolina's unemployment rate increased to 11.2 percent in February, according to statistics released by the state's Employment Security Commission. The rate was higher than the record 11.1 percent set in January.

"Our data shows how difficult economic recovery can be," said ESC Chairman Lynn Holmes.

Despite many signs of an economic recovery, jobs growth has been slow to follow.

"It's going to take many consecutive months of job gains to get employment levels back up. Over the last two reporting periods, we have seen a net increase in job creation, though during the current period there has been a slight decrease in jobs," said Holmes.

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