North Carolina’s jobless rate ticked up to 5.8 percent, the fourth consecutive increase in as many months, and posted a weak performance by other economic measures as well.
The state’s jobless rate increased from 5.7 percent in May and from a low of 5.3 percent at earlier this year. However, unemployment is still down from 6.2 percent a year ago.
The job market data was issued Tuesday by the Labor & Economic Analysis Division within the N.C. Department of Commerce. The gap between North Carolina’s jobless rate and the national average is now at its widest point this year, with the U.S. rate at 5.3 percent, the lowest in the past 12 months.
Economists say the strongest economy is one in which the labor pool grows, jobs are added and the jobless rate falls.
In North Carolina, only one of those measures fared well in June, with the labor force adding 713 people. The labor force is the number of people working and looking for work.
However, the ranks of the employed dropped by 4,097 people in June, the jobless roster grew by 4,810 people, and the state lost 3,100 non-farm jobs.
Industries experiencing losses in June were government, down 7,800 jobs, and construction, down by 2,000.
Industries that showed the greatest gains in June were trade, transportation and utilities; professional and business services; and financial activities.
For the past 12 months, the picture looks more positive. North Carolina’s labor force grew, more people are employed and the state has added 97,500 jobs.