Raleigh, N.C. – Job figures released Friday by the state Department of Commerce show the number of people employed in North Carolina increased by 124,001 from November 2018 to November 2019.
Unemployment rates also decreased in 92 of North Carolina’s 100 counties in November 2019, and all 15 of the state’s metro areas reported unemployment rate decreases, according to the figures.
The strong job gains boost another year of economic success in North Carolina after a decade of pro-growth relief, regulatory reforms, and targeted investments by the Republican-led General Assembly produced historic results like making Wilmington, N.C.’s port the fastest growing port in the United States.
North Carolina collected an $896.6 million revenue surplus in FY 2018-19.
State House Speaker Tim Moore (R-Cleveland) has said “It is essential that North Carolina stay on the right track and not return to the old days of rising tax rates, budget deficits, and debt, to instead remain poised for unique success in the next decade maintaining policies that work for the workforce, families, and businesses.”