NC’s labor force shrinks in June; jobless rate holds at 8.8 percent
RALEIGH, N.C. — The state’s labor force shrank by more than 10,000 people from May to June, according to WRAL.
Coupled with a small increase in the number of people unemployed, the state’s unemployment rate remained unchanged at 8.8 percent.
More than 416,700 people in the state remain unemployed, up 596 from May, and the state’s labor force shrank by 10,362, to 4,709,264. The number of people employed fell by 10,958, to 4,292,497.
The jobs and labor force numbers released Friday are factors in the calculation of the statewide unemployment rate, which was also 8.8 percent in May.
North Carolina has has the country’s fifth-highest unemployment rate, behind Nevada, Illinois, Mississippi and Rhode Island.
Read More: WRAL