State Unemployment Rate Holds Steady In May

North Carolina's unemployment rate was unchanged last month.

The state Division of Employment Security on Friday released the rate for May, which broke a four-month streak of declining unemployment rates. The rate remained at 9.4 percent, but the total number of unemployed North Carolinians dropped by almost 4,000 people.

The largest job creation was in the Trade, Transportation and Utilities sector, which added 2,000 jobs.

North Carolina's May unemployment rate is 1.1 percentage points lower than its May 2011 rate. The state fares worse than the national rate, which rose slightly to 8.2 percent in May.

The size of the work force in North Carolina continues to shrink. Nearly 10,000 workers left the labor force between April and May.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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