Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties
North Carolina’s unemployment rate dropped slightly in March, marking the fifth straight month that the rate has remained below double digits.
The Employment Security Commission said today the rate was 9.7 percent, compared with 9.8 percent in February and 11.3 percent in March of last year. The rate first dropped below 10 percent in November.
Commission Chairman Lynn Holmes says the state gained almost 14,000 nonfarm jobs in March, the third straight month that the number of those jobs increased. The largest increase occurred in professional and business services, where 6,000 jobs were added. Since January, the number of nonfarm industry jobs has increased by 36,500.
The number of people employed increased by 13,000 while the number of unemployed decreased by almost 2,000.
