Press Releases

The state’s seasonally adjusted February unemployment rate was 3.6 percent, remaining unchanged from January’s revised rate. The national rate decreased 0.1 of a percentage point to 3.5 percent. North Carolina’s February 2020 unemployment rate decreased 0.5 of a percentage point from a year ago. The number of people employed increased 6,250 over the month to 4,931,991 and increased 84,031 over the year. The number of people unemployed decreased 2,293 over the month to 182,598 and decreased 22,068 over the year.

Unemployment rates (not seasonally adjusted) increased in all 100 of North Carolina’s counties in January. Hyde County had the highest unemployment rate at 14.2 percent, while Buncombe County had the lowest at 3.2 percent. All 15 of the state’s metro areas experienced rate increases. Among the metro areas, Fayetteville had the highest rate at 5.3 percent and Asheville had the lowest rate at 3.4 percent. The January not seasonally adjusted statewide rate was 4.1 percent.

The state’s seasonally adjusted January unemployment rate was 3.6 percent, remaining unchanged from December’s revised rate. The national rate increased 0.1 of a percentage point to 3.6 percent.

The NCWorks Commission, North Carolina’s workforce development board, today released a new plan that outlines the state’s workforce development strategy over the next four years. Required by the federal Workforce Innovation and Opportunity Act (WIOA), this Unified State Plan will be submitted to the U.S. Departments of Labor and Education.

The North Carolina Rural Infrastructure Authority (RIA) approved 17 grant requests to local governments totaling $5,535,271, Governor Roy Cooper announced today. The requests include commitments to create a total of 436 jobs, 211 of which were previously announced. The public investment in these projects will attract more than $82 million in private investment.

Today, Governor Roy Cooper announced that Audentes Therapeutics, a genetic medicines company, will create 209 new jobs in Lee County, investing $109 million to locate a manufacturing facility in Sanford. “With our powerhouse research centers and highly-skilled workforce, biotech pioneers recognize North Carolina’s role as a leader in the life sciences,” said Governor Cooper. “Lee County is a perfect fit for Audentes as they seek to become a global leader in genetic medicines.”

Atlantic Casualty Insurance Company, a national provider of commercial insurance products, will create 83 jobs as it expands its Wayne County headquarters, Governor Roy Cooper announced today. The company will invest more than $11.8 million in Goldsboro. “Atlantic Casualty will bring more jobs and investment to Wayne County, which is good for eastern North Carolina’s people and our economy,” said Governor Cooper. “When companies choose to expand in North Carolina, we know our state is doing the right things to grow our workforce.”

Armorock, LLC, the world’s largest manufacture of polymer concrete structures, will establish a new manufacturing facility in Edgecombe County, creating 55 jobs, Governor Roy Cooper announced today. The company plans to invest $6.6 million in Battleboro in order to be closer to its growing customer base in the Southeast.

Nebraska Plastics, Inc, a vinyl fence manufacturer, will create 22 new jobs in Chowan County, Governor Roy Cooper announced today. The company will invest more than $1 million into a manufacturing facility in Edenton. “Manufacturing companies like Nebraska Plastics choose to grow in North Carolina because of our strong economy, great quality of life, and especially for our talented workforce,” said Governor Cooper.

Today, Governor Roy Cooper met with business leaders, workforce development representatives, and local community colleges and university administrators to discuss economic development in North Carolina. Governor Cooper and his office have recruited and announced more than 62,000 jobs. More than 6,923 were announced in Mecklenburg County, along with $539 million in investment.