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Governor Pat McCrory has proclaimed October 3-7, 2016 as North Carolina Manufacturing Week. The proclamation salutes one of the state’s most powerful economic engines.
“North Carolina’s manufacturing economy leads the Southeast in employment and is respected around the world for its innovation, quality and productivity,” said Governor McCrory. “From aircraft components and home furnishings to food products and life-saving medication, we are a state with companies and people making things the world needs.”
IGH — Unemployment rates (not seasonally adjusted) increased in 68 of North Carolina’s counties in August, decreased in 14, and remained unchanged in 18. Scotland County had the highest unemployment rate at 8.8 percent, while Buncombe County had the lowest at 3.9 percent. Twelve of the state’s metro areas experienced rate increases, one experienced a decrease, and two remained unchanged.
IGH —The state’s seasonally adjusted August unemployment rate was 4.6 percent, decreasing 0.1 of a percentage point from July’s revised rate. The national rate remained unchanged at 4.9 percent.North Carolina’s August 2016 unemployment rate was 1.1 percentage points lower than a year ago. The number of people employed decreased 12,616 over the month to 4,588,792 and increased 96,272 over the year. The number of people unemployed decreased 3,808 over the month to 221,746, and decreased 49,242 over the year.
Governor Pat McCrory announced today that promising North Carolina technology firms are moving closer to their next stage of growth thanks to grant awards from the One North Carolina Small Business Fund. In 2015-16, 40 companies across 16 communities received awards from the fund, totaling $1.95 million in grants.