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July Unemployment Rate Was 6.5 Percent
RALEIGH — The state’s seasonally adjusted July unemployment rate was 6.5 percent, increasing 0.1 of a per- centage point from June’s revised rate of 6.4 percent.  The national rate increased 0.1 of a percentage point to 6.2 percent.
North Carolina’s July 2014 unemployment rate was 1.6 percentage points lower than a year ago.  The number of people employed decreased 19,848 over the month to 4,369,632, and increased 59,498 over the year. The number of people unemployed increased 5,298 over the month to 304,484, and declined 77,720 over the year. 
Seasonally adjusted Total Nonfarm industry employment, as gathered through the monthly establishment survey, increased 15,800 to 4,139,800 in July. The major industry with the largest over-the-month increase was Professional & Business Services at 4,800, followed by Government, 4,300; Trade, Transportation & Utilities, 3,300; Other Services, 2,200; Construction, 2,100; Information, 2,000; and Manufacturing, 700. Major industries experienc- ing decreases were Education & Health Services, 1,600; Financial Activities, 1,300; and Leisure & Hospitality Services, 700.  Mining & Logging employment remained unchanged over the month.
Since July 2013, Total Nonfarm jobs gained 89,000 with the Total Private sector growing by 93,900 and Govern- ment declining by 4,900.  The largest over-the-year increase of major industries was Professional & Business Services at 38,700, followed by Trade, Transportation & Utilities, 22,100; Leisure & Hospitality Services, 8,800; Construction, 7,800; Other Services, 5,100; Education & Health Services, 4,700; Information, 4,200; Financial Activities, 1,300;  Manufacturing, 1,000; and Mining & Logging, 200. The only major industry experiencing a decrease over the year was Government, 4,900.
The next unemployment update is scheduled for Wednesday, August 27, 2014 when the county unemployment rates for July 2014 will be released.

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