North Carolina jobless rate falls to 3.4%, dropping toward 1990s levels
Story Date: 5/24/2022

 

Source: WUNC, 5/20/22


North Carolina's unemployment rate for April fell further below pre-pandemic levels, the state Commerce Department announced Friday, as the number of newly hired workers continued to increase. The seasonally adjusted rate of 3.4% represents a 0.1 percentage point decrease from March. Barring future alterations — rate revisions are done annually — April's seasonally adjusted rate is the lowest jobless rate since a 3.3% rate in June 1999, according to department historical data. The rate was 3.4% for several months after.

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