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State Unemployment Rate Down Slightly To 10.4 Percent

North Carolina's unemployment rate dropped slightly in October to 10.4 percent.

The Division of Employment Security said Tuesday that compared with a rate of 10.5 percent in September, after the state added 5,500 non-farm jobs.

It's the fourth straight month that the state's unemployment rate has hovered above 10 percent. The national unemployment rate is 9 percent.

Employment Security Assistant Secretary Lynn R. Holmes points out that private sector employment has grown in eight of the last 10 months.

But Holmes says officials won't be satisfied until every North Carolinian who wants a job can find one.

(Copyright 2011 by The Associated Press. All Rights Reserved.)


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