North Carolina unemployment holds steady at 10.8% - Triangle Business Journal:

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percent in April despite an upticki in the number of people with jobs and a slight drop in the number of people lookintfor work, according to a reporyt released Friday by the . The which is adjusted for seasonal factors such astemporarg jobs, has remained relatively steadty for three months after soarinyg 5 percentage points, from 5.7 perceng in April 2008, to 10.7 percent in February 2009. Seasonallty adjusted employment climbed toalmost 4.1 million, whilr the ranks of the unemployed shed 815, to 492,785.
That’s still close to an all-time high for the numberf of people who are unemployexd and actively seeking The unemploymentrate didn’t budge in April becausew the size of the labor force increased by almost matching the increase in the numbefr of people with jobs. State employment has plungeed by 171,865 workers since April 2008, while the ranks of the unemployed have swelled by The number of jobs reported by employers fellby 7,900 from March to April. Over the 12-monthy period ending in April, that statw has lost more than 203,200 jobs.
"Apripl marks the seventh consecutive montuh in which North Carolina employerws eliminated more jobs thanthey created," says John a research associate at the . “While many fewer jobs were on net, in April than in receng months, the labor markeyt remains extremely weak. "The April numbers are less negative thanrecent reports, but that doesn'yt alter the fundamental fact that North Carolina's economyg simply isn't generating enough jobs to absorg all of the individuals who want and need We remain mired in a long, deep, painfu recession." North Carolina has one of the highest unemployment rate in the United States. The national jobless rate in Aprilowas 8.
9 percent, up from 8.5 percentg in March.