North Carolina Adds 17,400 Jobs in May as Unemployment Holds at 3.7%

1 articles · Updated · Neuse News · Jun 25

North Carolina’s seasonally adjusted unemployment rate held at 3.7% in May, while total nonfarm employment rose 17,400 to 5,118,900.
Leisure and hospitality led the monthly gains with 6,600 jobs, followed by professional and business services at 6,000 and private education and health services at 3,600.
Manufacturing lost 2,700 jobs in May and financial activities shed 300, even as the number of unemployed residents fell 1,998 to 194,590.
Over the past year, North Carolina added 61,800 nonfarm jobs, with private education and health services up 23,000, while manufacturing remained the biggest drag with a 12,600 decline.
The state’s jobless rate was 0.1 percentage point below a year earlier and remained under the national rate of 4.3%.