The Cooper Effect: NC Jobless Rate Rises…

Excerpt From: News & Observer. Written By: David Ranii.

North Carolina’s unemployment rate rose a notch for a fourth consecutive month even though the number of people with jobs expanded yet again.

The N.C. Department of Commerce reported Tuesday that the state’s unemployment rate for December, after seasonal adjustments, inched upward one-tenth of a percentage point to 5.1 percent. That’s one-half a percentage point less than the 5.6 percent unemployment rate in December 2015, but up from 4.6 percent in August – the low point for the year.

The state’s jobless rate also is above the national rate, which was 4.7 percent in December.

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Despite the uptick in the state’s unemployment rate, the state added 6,800 jobs during the month. That boosted the number of jobs added in the past four months to nearly 33,000 even as the state’s unemployment rate continues to rise.

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