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State unemployment rate rises slightly

Staff report

The state’s seasonally adjusted May unemployment rate was 6.4 percent, increasing 0.2 percent from April’s revised rate of 6.2 percent, according to the North Carolina Department of Commerce report.
The national rate, however, remained unchanged at 6.3 percent.
Nationally, the number of persons unemployed was 9,799,000, while the civilian labor force was 155,613,000. The state’s May 2014 unemployment rate was 1.9 percentage points lower than last year. The total number of people employed increased 10,187 over the month to 4,397,574, and it increased 81,992 over the last year. However, the number of people unemployed increased 8,795 over the month to 300,917, and it declined 90,299 over the year.
Seasonally adjusted total nonfarm industry employment, as gathered through the monthly establishment survey, increased 5,700 to 4,122,300 in May. The major industry with the largest over-the-month increase was leisure and hospitality services at 7,400, followed by trade, transportation and utilities at 2,300; education and health services, 1,800; construction, 400; mining and logging, 100, and other services, 100. Major industries experiencing decreases included profession and business services, 3,400; manufacturing, 2,200; government, 400; information, 200; and financial activities at 200.
The next unemployment update is scheduled for July 1, when the county unemployment rates for May 2014 will be released. For more information on the complete 2014 release schedule, visit www.nccomerce.com/portals/47/Documents/2014_NC_Release_Dates.pdf.

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