Friday, May 20, 2022

North Carolina’s April Employment Figures Released

Raleigh, N.C.
May 20, 2022

The state’s seasonally adjusted April 2022 unemployment rate was 3.4 percent, decreasing 0.1 of a percentage point from March’s revised rate. The national rate remained unchanged at 3.6 percent.

North Carolina’s unemployment rate decreased 1.7 percentage points from a year ago. The number of people employed increased 30,263 over the month to 4,883,507 and increased 203,995 over the year. The number of people unemployed decreased 3,917 over the month to 173,348 and decreased 79,156 over the year.

Seasonally adjusted Total Nonfarm employment, as gathered through the monthly establishment survey, increased 11,300 to 4,729,100 in April. Major industries experiencing increases were Professional & Business Services, 5,500; Leisure & Hospitality Services, 4,200; Financial Activities, 2,800; Manufacturing, 2,200; Other Services, 1,300; Government, 900; Trade, Transportation & Utilities, 900; and Information, 300. Major industries experiencing decreases were Construction, 5,900; and Education & Health Services, 900. Mining & Logging employment remained unchanged.

Seasonally Adjusted Unemployment Rates since April 2021

  Apr 2021 May 2021 June 2021 July 2021 August 2021 Sep 2021 Oct 2021 Nov 2021 Dec 2021 Jan 2022 Feb 2022 Mar 2022 Apr 2022
N.C. 5.1 5.0 5.0 4.9 4.8 4.5 4.4 4.2 4.1 3.9 3.7 3.5 3.4
U.S. 6.0 5.8 5.9 5.4 5.2 4.7 4.6 4.2 3.9 4.0 3.8 3.6 3.6

* Please note: 2021 numbers have undergone annual revision *

Since April 2021, Total Nonfarm jobs increased 185,600 with the Total Private sector increasing by 174,900 and Government increasing by 10,700. Major industries experiencing increases were Leisure & Hospitality Services, 52,400; Professional & Business Services, 50,600; Trade, Transportation & Utilities, 18,400; Education & Health Services, 14,200; Financial Activities, 14,200; Manufacturing, 13,100; Government, 10,700; Other Services, 6,700; and Information, 5,700. Major industries experiencing decreases were Construction, 200; and Mining & Logging, 200.

The next unemployment update is scheduled for Wednesday, June 1, 2022 when the county unemployment rates for April 2022 will be released.

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