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NC Employment Security Commission: Public-sector job losses drove unemployment over 10 percent level

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Carolina Public Press reports that the state Employment Commission released this statement today, Aug. 19:
North Carolina’s unemployment rate increased to 10.1 percent in July. While the private sector gained 6,900 jobs, state government jobs decreased by 300 and local government jobs decreased by 11,800. Employment data indicates that a majority of the local government jobs were in education, including teachers.

“Job growth in North Carolina’s private sector was offset by declines in both state and local government employment,” said ESC Chairman Lynn R. Holmes. “Gov. Perdue’s focus on job creation and assisting North Carolina’s workers with getting back to work continue to be our priorities. We continue our collaborative efforts with our economic and workforce partners in assisting both job seekers and employers.”

Seasonally adjusted total nonfarm industry employment, as gathered through the monthly establishment survey decreased by 4,100 to 3,868,100 in July. The largest over-the-month employment increase occurred in professional and business services (+3,600). Government employment declined by 11,000 jobs; including the loss of 11,800 jobs in local government. Private sector jobs increased by 6,900 over the month and 34,700 over the year.

The number of people unemployed increased by 7,620 (seasonally adjusted), to 454,989. Since this time last year, the number of people unemployed has decreased by 8,081. The state unemployment rate in July 2010 was 10.3 percent.

The next unemployment update is scheduled for Friday, August 26, when the county unemployment rates for the month of July will be released. ...

To view the entire statement, click link.Read the full article

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