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Will NC Jobless Rate Fall Back From 11 Percent?

North Carolina's unemployment rate has hovered around its historic peak for nine straight months. New data will show whether the streak reaches 10.

The state's Employment Security Commission on Friday reports the unemployment rate in November. The jobless rate rose slightly in October to 11 percent, a territory where it's lingered since February.

North Carolina's unemployment rate has been worse than the national average for more than a year.

Since last November, the state has paid more than $4.3 billion in unemployment benefits, including emergency compensation and extended benefits.

Though Wall Street has been on the upswing for months, companies remain cautious about building back their work forces.


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