Raleigh, N.C. – North Carolina’s unemployment rate fell .1% to 4.3% as the state added 12,280 jobs over a month in its May unemployment figures released Friday by the state Department of Commerce.
The state added 64,944 jobs since May 2017, according to the report. North Carolina’s May 2018 unemployment rate decreased 0.2 of a percentage point from a year ago.
The number of people unemployed decreased 5,969 over the month to 213,611 and decreased 6,727 over the year.
The total number of people employed in North Carolina reached 4,774,254.
Top 10 Signs of Economic Success in North Carolina
- North Carolina won the 2017 Prosperity Cup by Site Selection Magazine.
- North Carolina named ‘Best State for Startups’ by Fit Small Business.
- North Carolina named the Best State for Business by Forbes.
- North Carolina has a $356 million surplus.
- North Carolina has a record $2 billion rainy day reserve.
- North Carolina is top-10 for wage growth: Bureau of Economic Analysis.
- North Carolina added 85,000 jobs over a one-year period in March.
- North Carolina moved from 44th to 11th in Tax Foundation rankings.
- North Carolina has ‘AAA’ credit rating from all three ratings agencies.
- North Carolina is a top-5 state for business in CNBC rankings.
Legislative Leaders Announce Economic Development, Job Recruitment Reforms