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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.
Unemployment rates (not seasonally adjusted) decreased in 45 of North Carolina’s counties in December, increased in 25, and remained unchanged in 30. Hyde County had the highest unemployment rate at 9.7 percent, while Buncombe County had the lowest at 2.5 percent. Ten of the state’s metro areas experienced rate decreases, one increased, and four remained unchanged. Among the metro areas, Fayetteville had the highest rate at 4.4 percent and Asheville had the lowest rate at 2.7 percent. The December not seasonally adjusted statewide rate was 3.3 percent.
Two workforce incentive programs managed by the North Carolina Department of Commerce reached higher benchmarks last year, indicating more people found jobs thanks to the financial support these programs provide to North Carolina employers.
The state’s seasonally adjusted December unemployment rate was 3.7 percent, decreasing 0.1 of a percentage point from November’s revised rate. The national rate remained unchanged at 3.5 percent.
Today, Governor Roy Cooper announced that the Finish Line Grants program has issued more than 3,000 grants and $2 million since the program was announced in July 2018. The Finish Line Grants program helps students stay on track to complete their degree or credential when they face unexpected financial emergencies that might otherwise cause them to drop out. Gov. Cooper made the announcement at Central Piedmont Community College (CPCC) in Charlotte, joined by CPCC President Dr. Kandi Deitemeyer, CharlotteWorks President and CEO Danielle Frazier, and several Finish Line Grants recipients.
Unemployment rates (not seasonally adjusted) decreased in 92 of North Carolina’s counties in November, increased in four, and remained the same in four. Hyde County had the highest unemployment rate at 9.8 percent, while Buncombe County had the lowest at 2.5 percent. All of the state’s 15 metro areas experienced rate decreases. Among the metro areas, Rocky Mount and Fayetteville at 4.6 percent had the highest rate and Asheville had the lowest rate at 2.6 percent. The November not seasonally adjusted statewide rate was 3.4 percent.
Jessica Englert will become the North Carolina Commerce Department’s Assistant Secretary of the Division of Workforce Solutions (DWS), Commerce Secretary Anthony M. Copeland has announced. She will succeed current Assistant Secretary Linda Cheatham, who will remain at the agency in a part-time role during a transition period.
Englert currently serves as Workforce Development Policy Advisor for Governor Roy Cooper. In that role, she has worked closely with DWS on the Finish Line Grants program and other elements of Gov. Cooper’s NC Job Ready initiative.
The state’s seasonally adjusted November unemployment rate was 3.8 percent, decreasing 0.2 of a percentage point from October’s revised rate. The national rate decreased 0.1 of a percentage point to 3.5 percent.
North Carolina’s November 2019 unemployment rate increased 0.1 of a percentage point from a year ago. The number of people employed increased 7,892 over the month to 4,932,389 and increased 130,472 over the year. The number of people unemployed decreased 6,711 over the month to 197,456 and increased 12,077 over the year.
Unemployment rates (not seasonally adjusted) increased in 86 of North Carolina’s counties in October and remained the same in 14. Hyde County had the highest unemployment rate at 8.8 percent, while Buncombe County had the lowest at 2.7 percent. Fourteen of the state’s metro areas experienced rate increases and one remained the same. Among the metro areas, Rocky Mount at 4.9 percent had the highest rate and Asheville had the lowest rate at 2.8 percent. The October not seasonally adjusted statewide rate was 3.6 percent.
North Carolina’s County and Area Employment Figures for October 2019 will be published today, Monday November 25, 2019 at 1:30 p.m.
Previously, the October figures were scheduled to be published on Wednesday, November 27. However, due to the upcoming Thanksgiving holiday, the publication schedule has been adjusted.
The revised entire publication schedule for 2019 data can be reviewed online at nccommerce.com.