NC Unemployment Falls for 7th Straight Month

Submitted by Lance on

North Carolina's unemployment rate saw the largest month-to-month decrease since February 1978 with the rate in January at 4.3 percent. That's down from December's rate of 5.1 percent.

North Carolina's unemployment rate also dropped below the national average, which was 4.7 percent in January.

Charlotte Business Journal: N.C. unemployment rate falls to 4.3% - 2006-03-09

Comments

Must be the Democrats

Submitted by Betsy Muse on

who control our state legislature and Governor's office hard at work. :)...'cause Lord knows I'm not giving that jackass in the White House any credit.



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Vote Democratic! The ass you save may be your own.

And Yet

Submitted by Gordon Smith on

The poverty rate stands at 12.28% in NC. In order to qualify as impoverished you have to:

As an adult make less than $9,570
As a family of four make less than $19,350

Over a million adults don't have health insurance.

So when your leaders tell you how super the employment numbers are, ask them what kinds of jobs people are working, whether those jobs offer benefits, whether a person working one of these jobs can get above Federal poverty level, whether this service-based economy is sustainable.

When the mill closes, and Daddy goes and gets a job at the Wal-Mart - he goes onto the rolls as employed, but he doesn't make a living wage anymore, nor does he have health insurance.

Employment numbers in a vacuum are meaningless.

Scrutiny Hooligans - http://www.scrutinyhooligans.us

More on the vaccuum

Submitted by James on

More on the vaccuum . . . a pretty sad picture, despite the improvements.

Initial applications for U.S. state unemployment benefits unexpectedly rose by 8,000 to 303,000 in the week ending March 4, the Labor Department said Thursday. Such claims had been below 300,000 for seven weeks in a row for the first time since the summer of 2000.
The number of people collecting unemployment benefits rose by 29,000 to 2.50 million in the week ending Feb. 25.

In a separate report, the Commerce Department said the U.S. trade deficit continued to expand in January after setting a new annual record in 2005. The nation's trade gap widened 5.3% to a new monthly record of $68.5 billion, the Commerce Department said. The previous record was $67.84 billion in October.

2.5 million people collecting unemployment benefits?
Record trade deficits?

Yuck.