NC unemployment rate stuck again in January at 4.5 percent

Adjust Comment Print

The state says Iowa's unemployment rate remained steady at 2.9 percent in January.

- Job growth in Kansas was flat in January as the state's economy added only 200 net new jobs, even though employers are still looking to fill thousands of positions, the state Department of Labor reported Monday. "The state's employers are looking to hire the 51,000 job seekers".

Indiana's unemployment rate has edged lower to 3.3 percent in January, continuing a decline in the state that was seen starting in November.

Private sector employment has grown by more than 24,400 over the year, and has increased by 3,000 over the previous month, primarily due to gains in the Construction (2,400) and the Leisure and Hospitality (1,700) sectors. The monthly unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that reflects the number of unemployed people seeking employment within the prior four weeks as a percentage of the labor force.

Those gains were offset, however, by losses in other sectors, including the wholesale trade industry, which shed about 1,500 jobs, while employment in retail trade dropped by about 500.

The December rate was raised two-tenths of a point in a routine revision from the preliminary rate of 2.7 percent, the department said.

The number of people classified as unemployed declined to a seasonally adjusted 96,678, the lowest figure since February 2000. Lincoln's preliminary rate rose three-tenths of a point to hit 2.7 percent, compared with 2.4 percent in December. Average weekly earnings for all private sector employees were up 3.5 percent from in January compared to January 2017.

Kansas will report state February employment numbers March 23.