North Carolina’s unemployment rate stayed put as more people were hired in August, according to the state’s Department of Commerce numbers released on Friday.
The state’s unemployment rate was the same as July’s at 4.2 percent. It floats 0.5 percent lower than the national average. However, reports show it is a positive occurrence for the state.
North Carolina’s unemployment rate is 0.5 percent lower than what it was a year ago.
The number of people employed increased by nearly 14,000 between July and August and more than 105,000 over the last year.
Most of the new jobs in August were in professional and business services. More than 5,000 people were employed in the industry followed by 800 people in the finance jobs.
Over the past year, most of the new jobs in North Carolina were in the private sector.
The trade, transportation and utilities industries have created the greatest number of jobs in the state followed by professional and business services.
This week, Gov. Roy Cooper announced the construction of an aluminum forging plant by an Indian manufacturer that is slated to bring more than 400 jobs to the state.
Earlier this month, PCB Piezotronics of North Carolina, a designer and manufacturer of high-precision sensors announced that it would be expanding its operations in North Carolina creating 120 jobs.
North Carolina Commerce Secretary Anthony M. Copeland’s office did not respond to several requests for comment. But Copeland said Tuesday following the announcement of the aluminum forging plant that the state has done well at attracting international companies to North Carolina.
“Companies representing more than 40 countries have located operations here, thanks to the many business advantages offered by our state,” he said.
On the other hand, more than 100 people lost their jobs in August.
North Carolina started 2019 with an unemployment rate below the national level but peaked above by February. The state has consistently stayed above the 4 percent mark since March.