North Carolina’s unemployment rate is dropping. Not only that, but the state has hit a milestone in the number of jobs being reported, which is great for us as a Raleigh staffing firm. Some reports state that North Carolina has finally recovered all that were lost during the recession.
Just over 17,000 jobs were added in North Carolina in October of this year, which finally put NC back on top of all the jobs lost. The unemployment rate dropped down to 6.3%, the second lowest since the economic recession. Even though the jobs are recovered, Gov. Pat McCrory says that the state “will remain focused on long-term job creation.”
Although the unemployment is still higher than in February 2008, numbers get skewed with the population growth at 8% since July of 2008. North Carolina’s ever growing population is another reason officials want to continue to focus on the long term job growth, to compensate for the number of jobs lost in relation to population.
Where job market improvement is reason to celebrate, North Carolina still has room for improvement and growth before it will be able to fully recover. Labor experts are predicting that at this pace, it will take another 5-6 years before the state will be fully recovered. More people are expected to join the work force as actively looking as jobs continue to be added to the economy.
Looking for Full-Time Jobs in Raleigh?
Seymour Staffing specializes in part-time, full-time, temporary, and direct-hire employment, specifically for the medical, administrative, and engineering industries. Simply contact us today using the form below and we'll be in touch.