NC jobless rate now 5%; 7th consecutive monthly decline
May 24, 2021
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RALEIGH, N.C. (AP) North Carolina s unemployment rate has reached another COVID-19 post-lockdown low, even as overall job growth is somewhat uneven.
April s seasonally adjusted state jobless rate of 5% marks a decline for a seventh consecutive month, according to the state Commerce Department. It compares to the top pandemic rate of 13.5% recorded in both April 2020 and May 2020.
While the number of employed people grew by 4,500 between March and April to about 4.76 million, overall non-farm employment actually dropped by 5,800. And with the number of unemployed also falling by 8,100, it appears some displaced workers are no longer actively seeking work.
Cooper proposes how to spend latest virus relief aid from DC
May 19, 2021
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RALEIGH, N.C. (AP) North Carolina s governor is set to tell lawmakers how he wants them to spend the billions of additional dollars the federal government has allocated through another COVID-19 relief package.
Gov. Roy Cooper scheduled a Wednesday news conference to unveil his recommendations for North Carolina s share of American Rescue Plan funds.
The state learned last week its portion would be $5.4 billion, with half of the money made available immediately. And that doesn’t include $6 billion that Congress already has told the state how it must be used. Over $3 billion more is also going to local governments.