RALEIGH — The state’s February unemployment rate decreased to 9.4 percent from January’s revised rate of 9.5 percent. The national rate dropped to 7.7 percent from January’s 7.9 percent.
North Carolina’s February 2013 unemployment rate is 0.1 of a percentage point lower than a year ago.
The number of people employed (smoothed seasonally adjusted) decreased 4,964 to 4,317,958 over the month, and increased by 63,847 over the year. The number of people unemployed fell 6,585 to 446,840 over the month, and grew 997 over the year.
Seasonally adjusted total non-farm industry employment, as gathered through the monthly establishment survey, gained 3,300 to 4,049,700 in February. The major industry with the largest over-the-month increase was professional and business services at 2,600, followed by education and health services, 2,100; financial activities, 1,100; government, 1,100; information, 1,000; construction, 600; and mining and logging, 100. Major industries to experience decreases were leisure and hospitality services, 3,000; trade, transportation and utilities, 1,500; other services, 600; and manufacturing, 200.
Since February 2012, total non-farm jobs gained 81,300 with the total private sector growing by 78,400, and government, 2,900. The largest over-the-year increase of major industries was in leisure and hospitality services, 21,500, followed by trade, transportation and utilities, 17,700; professional and business services, 13,200; education and health services, 12,100; manufacturing, 9,500; financial activities, 3,400; government, 2,900; information, 2,000; and other services, 1,900. Major industries to experience decreases over the year were construction, 2,800; and mining and logging, 100.
The next unemployment update is scheduled for April 10, when the county unemployment rates for February 2013 will be released.
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