North Carolina’s April Employment Figures Released

North Carolina’s April Employment Figures Released

By / State News / Tuesday, 24 May 2016 04:00

RALEIGH : May 20th, 2016 - The state’s seasonally adjusted April unemployment rate was 5.4 percent, decreasing 0.1 of a percentage point from March’s revised rate. The national rate remained unchanged at 5.0 percent.
North Carolina’s April 2016 unemployment rate was 0.4 of a percentage point lower than a year ago.
The number of people employed increased 20,245 over the month to 4,611,868 and increased 141,785 over the year. The number of people unemployed decreased 1,357 over the month to 264,491, and decreased 10,571 over the year.
Seasonally adjusted Total Nonfarm industry employment, as gathered through the monthly establishment survey, increased 1,000 to 4,311,500 in April. The major industries with the largest over-the-month increases were Professional & Business Services at 4,100, followed by Information, 1,300; Education & Health Services, 300; Construction, 200; and Other Services, 100. Major industries experiencing decreases were Manufacturing, 2,700; Government, 2,100; Financial Activities, 100; and Leisure & Hospitality Services, 100. Mining & Logging and Trade, Transportation & Utilities employment remained unchanged over the month.
Since April 2015, Total Nonfarm jobs gained 95,600 with the Total Private sector growing by 94,900 and Government increasing by 700. The largest over-the-year increase among major industries was Professional & Business Services at 29,700, followed by Trade, Transportation & Utilities, 25,100; Leisure & Hospitality Services, 17,500; Construction, 10,000; Education & Health Services, 6,500; Other Services, 5,700; Financial Activities, 3,100; Government, 700; and Information, 300. Major industries experiencing decreases were Manufacturing, 2,800; and Mining & Logging, 200.
The next unemployment update is scheduled for Wednesday, June 1, 2016 when the county unemployment rates for April 2016 will be released.
The North Carolina smoothed seasonally adjusted unemployment rate was 5.4 percent in April, decreasing 0.1 of a percentage point from the previous month and falling 0.4 of a percentage point from April 2015. Over the month, the number of persons unemployed fell by 1,357 (0.5%). The civilian labor force increased by 18,888 (0.4%) to 4,876,359.
Nationally, April’s unemployment rate was 5.0 percent. The number of persons unemployed was 7,920,000, while the civilian labor force was 158,924,000.
Seasonally adjusted Total Nonfarm industry employment (4,311,500) increased 1,000 (<0.1%) since March 2016, and 95,600 (2.3%) since April 2015.1 Private sector employment increased over the month by 3,100 (0.1%) and 94,900 (2.7%) over the year.
Of the major industries for which payroll data are seasonally adjusted, Professional & Business Services (4,100; 0.7%) had the largest over-the-month gain in jobs, followed by Information (1,300; 1.7%), Education & Health Services (300; 0.1%), Construction (200; 0.1%), and Other Services (100; 0.1%). Manufacturing (2,700; 0.6%) reported the largest over-the-month decrease, followed by Government (2,100; 0.3%), Financial Activities (100; >-0.1%), and Leisure & Hospitality (100; >-0.1%). Mining & Logging and Trade, Transportation & Utilities remained unchanged.
Since April 2015, Professional & Business Services added the largest number of jobs (29,700; 5.1%), followed by Trade, Transportation & Utilities (25,100; 3.2%), Leisure & Hospitality Services (17,500; 3.8%), Construction (10,000; 5.4%), Education & Health Services (6,500; 1.1%), Other Services (5,700; 3.8%), Financial Activities (3,100; 1.4%), Government (700; 0.1%), and Information (300; 0.4%).
Manufacturing (2,800; 0.6%) reported the largest over-theyear decrease, followed by Mining & Logging (200; 3.6%).
The April 2016 not seasonally adjusted Total Nonfarm employment level of 4,325,100 was 30,900 (0.7%) more than the March 2016 revised employment level of 4,294,200. Among the major industries in North Carolina, Leisure & Hospitality Services had the largest over-themonth increase in employment at 13,200 (2.9%), followed by Professional & Business Services (8,600; 1.4%), Trade, Transportation & Utilities (2,900; 0.4%), Government (2,800; 0.4%), Construction (1,600; 0.8%), Financial Activities (1,500; 0.7%), Other Services (1,300; 0.8%), Information (600; 0.8%), and Education & Health Services (400; 0.1%). Manufacturing (2,000; 0.4%) reported the only over-the-month decrease, while Mining remained unchanged.
Over the year, the Service Providing sector (all industries except Mining & Logging, Construction, and Manufacturing) showed an increase of 91,700 (2.6%) jobs. Professional & Business Services experienced the largest employment increase at 29,400; 5.0%), followed by Trade, Transportation & Utilities (25,600; 3.3%), Leisure & Hospitality Services (14,500; 3.2%), Education & Health Services (8,700; 1.5%), Other Services (6,100; 4.1%), Government (4,800; 0.7%), and Financial Activities (2,600; 1.2%).
Manufacturing (2,800; 0.6%) reported the largest over-the-year decrease, followed by Mining & Logging (100; 1.8%). Information remained unchanged.
The Goods Producing sector grew by 5,700 (0.9%) jobs over the year. Construction had the largest employment increase with 8,600 (4.6%). Manufacturing (2,800; 0.6%) and Mining & Logging (100; 1.8%) reported decreases.
Amongst manufacturing industries, Transportation
Equipment had the largest net over-the-year increase at 1,700. Other manufacturing industries with gains were: Furniture & Related Product, 1,000; Food, 700; Plastics & Rubber Products, 600; Wood Product, 600; and Electrical Equipment, Appliance & Component, 100.
Chemical had the largest net over-the-year decrease at 800 in April 2016. Other industries with decreases were: Beverage & Tobacco Product, 700; Fabricated Metal, 700; Apparel, 500; Machinery, 300; Printing & Related Support, 300; Textile Product Mills, 300; Textile Mills, 200; and Computer & Electronic Product, 200.
Over the month, Average Weekly Hours for total private workers in April increased 12 minutes from March’s revised rate of 34.1.
Average Hourly Earnings grew by $0.08 to $23.27, as Average Weekly Earnings rose by $7.38 to $798.16.
Over the year, Average Weekly Hours for total private workers in April decreased 6 minutes from 34.4 in April 2015. Average Hourly Earnings grew by $1.23 and Average Weekly Earnings increased $39.98.
Source: North Carolina Department of Commerce.

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