North Raleigh Today

North Carolina's February 2025 unemployment rate remained steady at 3.7 percent, reflecting January's revised figures. Nationally, the rate experienced a slight increase of 0.1 percentage point, rising to 4.1 percent.

Compared to the previous year, North Carolina's rate increased by 0.2 percentage points. The number of employed individuals in the state rose by 3,448 from the previous month to reach 5,098,782, with a year-over-year rise of 3,285. Meanwhile, unemployed individuals decreased by 1,813 over the month to 195,627, but saw an increase of 9,410 compared to the same period last year.

The state's seasonally adjusted Total Nonfarm employment rose by 10,200, reaching 5,063,200 in February. Industries that recorded increases include Trade, Transportation & Utilities with 2,800 jobs; Education & Health Services with 2,500 jobs; and Construction with 1,600 jobs. Other sectors like Leisure & Hospitality Services, Professional & Business Services, and Government also saw job gains. However, Manufacturing and Information sectors experienced declines, losing 1,200 and 200 jobs respectively.

From February 2024, total Nonfarm jobs rose by 64,900, with the Total Private sector seeing a gain of 49,700, while Government employment increased by 15,200. Over the year, Education & Health Services, Government, and Professional & Business Services saw significant job upticks. Manufacturing and Information sectors registered job losses over the same period.

The update on county unemployment rates for February 2025 is set for release on April 9, 2025.