North Carolina's April Employment Figures Released

North Carolina's April Employment Figures Released

By / State News / Monday, 22 May 2017 04:00

RALEIGH - The state’s seasonally adjusted April unemployment rate was 4.7 percent, decreasing 0.2 of a percentage point from March’s revised rate. The national rate decreased 0.1 of a percentage point to 4.4 percent.
North Carolina’s April 2017 unemployment rate decreased 0.3 of a percentage point from a year ago. The number of people employed increased 3,721 over the month to 4,710,797 and increased 108,587 over the year. The number of people unemployed decreased 8,930 over the month to 234,768 and decreased 8,984 over the year.
Seasonally adjusted Total Nonfarm industry employment, as gathered through the monthly establishment survey, decreased 7,000 to 4,380,500 in April. The major industries with the largest over-the-month increases were Professional & Business Services at 2,000, followed by Education & Health Services, 1,300; Other Services, 1,000; Information, 200; and Mining & Logging, 100. Major industries experiencing decreases were Government, 3,800; Construction, 3,600; Trade, Transportation & Utilities, 2,000; Financial Activities, 1,400; Manufacturing, 700; and Leisure & Hospitality Services, 100.
Since April 2016, Total Nonfarm jobs gained 53,300 with the Total Private sector growing by 46,900 and Government increasing by 6,400. The largest over-the-year increase among major industries was Professional & Business Services at 19,100, followed by Education & Health Services, 10,000; Leisure & Hospitality Services, 8,900; Government, 6,400; Other Services, 5,700; Financial Activities, 4,100; Trade, Transportation & Utilities, 3,300; and Mining & Logging, 300. Major industries experiencing decreases were Information, 3,200; and Manufacturing, 1,300. Construction employment remained unchanged over the year.
The next unemployment update is scheduled for Wednesday, May 31, 2017 when the county unemployment rates for April 2017 will be released.
The North Carolina smoothed seasonally adjusted unemployment rate was 4.7 percent in April, decreasing 0.2 of a percentage point from the previous month and falling 0.3 of a percentage point from April 2016. Over the month, the number of persons unemployed fell by 8,930 (3.7%). The civilian labor force decreased by 5,209 (0.1%) to 4,945,565.
Nationally, April’s unemployment rate was 4.4 percent. The number of persons unemployed was 7,056,000, while the civilian labor force was 160,213,000.
Seasonally adjusted Total Nonfarm industry employment (4,380,500) decreased 7,000 (0.2%) since March 2017, and increased 53,300 (1.2%) since April 2016.1 Private sector employment declined over the month by 3,200 (0.1%), while growing by 46,900 (1.3%) over the year.
Of the major industries for which payroll data are seasonally adjusted, Professional & Business Services (2,000; 0.3%) had the largest over-the-month gain in jobs, followed by Education & Health Services (1,300; 0.2%), Other Services (1,000; 0.6%), Information (200; 0.3%), and Mining & Logging (100; 1.7%). Government (3,800; 0.5%) reported the largest over-the-year decrease, followed by Construction (3,600; 1.8%), Trade, Transportation & Utilities (2,000; 0.2%), Financial Activities (1,400; 0.6%), Manufacturing (700; 0.2%), and Leisure & Hospitality (100; >-0.1%).
Since April 2016, Professional & Business Services added the largest number of jobs (19,100; 3.2%), followed by Education & Health Services (10,000; 1.7%), Leisure & Hospitality (8,900; 1.9%), Government (6,400; 0.9%), Other Services (5,700; 3.8%), Financial Activities (4,100; 1.8%), Trade, Transportation & Utilities (3,300; 0.4%), and Mining & Logging (300, 5.4%). Information (3,200; 4.1%) reported the largest over-the-year decrease, followed by Manufacturing (1,300; 0.3%). Construction remained unchanged over the year.
The April 2017 not seasonally adjusted Total Nonfarm employment level of 4,393,500 was 18,000 (0.4%) more than the March 2017 revised employment level of 4,375,500. Among the major industries in North Carolina, Leisure & Hospitality had the largest over-the-month increase in employment at 14,200 (3.0%), followed by Professional & Business Services (7,500; 1.2%), Trade, Transportation & Utilities (2,100; 0.3%), Other Services (200; 0.1%), and Information (200; 0.3%). Government (3,100; 0.4%) reported the largest over-the-month decrease, followed by Manufacturing (1,700; 0.4%), Construction (1,200; 0.6%), and Education & Health Services (200; >-0.1%). Financial Activities and Mining & Logging remained unchanged.
Over the year, the Service Providing sector (all industries except Mining & Logging, Construction, and Manufacturing) showed an increase of 56,500 (1.5%) jobs. Professional & Business Services experienced the largest employment increase at 19,800 (3.3%), followed by Education & Health Services (9,900; 1.7%), Government (8,500; 1.2%), Trade, Transportation & Utilities (6,200; 0.8%), Leisure & Hospitality Services (5,800; 1.2%), Financial Activities (4,800; 2.1%), and Other Services (4,700; 3.1%). Information (3,200; 4.1%) reported the only over-the-year decrease.
The Goods Producing sector fell by 2,300 (0.3%) jobs over the year. Construction had the largest increase with 400 (0.2%), followed by Mining & Logging (200; 3.6%). Manufacturing (2,900; 0.6%) reported a decrease.
Amongst manufacturing industries, Food had the largest net over-the-year increase at 2,300. Other manufacturing industries with gains were: Plastics & Rubber Products, 800; Fabricated Metal Product, 700; Electrical Equipment, Applicance & Component, 600; Machinery, 400; and Wood Product, 300.
Computer & Electronic Product had the largest net over-the-year decrease at 1,100 in April 2017. Other industries with decreases were: Transportation Equipment, 900; Apparel, 600; Textile Product Mills, 300; Textile Mills, 300; Chemical, 200; Furniture & Related Product, 200; and Printing & Related Support Activities, 100.
Over the month, Average Weekly Hours for total private workers in April increased 24 minutes from March’s revised rate of 34.3. Average Hourly Earnings grew by $0.28 to $24.30, as Average Weekly Earnings increased by $19.32 to $843.21.
Over the year, Average Weekly Hours for total private workers in April increased 24 minutes from 34.3 in April 2016. Average Hourly Earnings grew by $1.06 and Average Weekly Earnings increased $46.08.
Source: North Carolina Department of Commerce.

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