The state’s seasonally adjusted June 2023 unemployment rate was 3.3 percent, decreasing 0.1 of a percentage point from May’s revised rate. The national rate decreased 0.1 of a percentage point to 3.6 percent.
North Carolina’s unemployment rate decreased 0.3 of a percentage point from a year ago. The number of people employed increased 14,582 over the month to 5,047,816 and increased 60,958 over the year. The number of people unemployed decreased 3,058 over the month to 172,680 and decreased 12,620 over the year.
Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 4,900 to 4,909,800 in June. Major industries experiencing increases were Professional & Business Services, 3,500; Manufacturing, 2,000; Education & Health Services, 1,600; Leisure & Hospitality Services, 1,200; Information, 400; Financial Activities, 200; Government, 100; and Mining & Logging, 100. Major industries experiencing decreases were Construction, 2,900; Trade, Transportation & Utilities, 1,000; and Other Services, 300.
Seasonally Adjusted Unemployment Rates since June 2022
| Area | June 2022 | July 2022 | August 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2022 | June 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| N.C. | 3.6 | 3.7 | 3.9 | 3.9 | 3.9 | 3.9 | 3.8 | 3.8 | 3.6 | 3.5 | 3.4 | 3.4 | 3.3 |
| U.S. | 3.6 | 3.5 | 3.7 | 3.5 | 3.7 | 3.6 | 3.5 | 3.4 | 3.6 | 3.5 | 3.4 | 3.7 | 3.6 |
* Please note: 2022 numbers have undergone annual revision *
Since June 2022, Total Nonfarm jobs increased 110,400 with the Total Private sector increasing by 106,600 and Government increasing by 3,800. Major industries experiencing increases were Leisure & Hospitality Services, 27,500; Education & Health Services, 26,500; Professional & Business Services, 23,200; Trade, Transportation & Utilities, 10,300; Other Services, 6,400; Manufacturing, 5,800; Government, 3,800; Financial Activities, 3,400; Information, 2,600; Construction, 800; and Mining & Logging, 100.
The next unemployment update is scheduled for Wednesday, August 2, 2023 when the county unemployment rates for June 2023 will be released.