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North Carolina Ranks 34th In State Unemployment Rate

May 30, 2018 | 0 Comments

By Kimberly Johnson, Patch Staff 

The state with the lowest unemployment rate may surprise you.

The unemployment rate continued to fall across much of the United States in 2017, settling at 4.1 percent nationally — a 17-year low. December marked the 87th straight month of job growth in the nation, a record-setting streak. But in a country as diverse as the U.S., the national figures can obscure a more complex picture at the state-level.

In North Carolina, the state unemployment rate is slightly higher than the national average at 4.5 percent, according to the Bureau of Labor Statistics. It falls 34th among all states, ranked from the lowest to highest unemployment rate.

Meanwhile, Hawaii boasts the lowest unemployment rate in the country at 2 percent. Alaska has the largest unemployed population with 7.3 percent of the state’s available workforce looking for a job.

“Unemployment has come down mightily over the past several years, but the trend is leveling out a bit now as the labor market tightens,” Greg McBride, chief financial analyst at Bankrate.com, told Patch.

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