WITN  | Greenville, NC  | News, Weather, Sports

Unemployment Expected To Grow

Unemployment in North Carolina is expected to keep climbing through this year, leaving the question of how much higher the state's record-setting jobless rate will go.

The state Employment Security Commission is scheduled to announce unemployment data for March on Friday.

Tough times for manufacturing and construction pushed North Carolina's unemployment rate to a record 10.7 percent in February. That's the highest figure since the state started keeping records in the mid-1970s. Statisticians could announce a recalculated figure for February at the same time it declares March figures.

Appalachian State University banking professor Harry Davis said he expects the jobless rate to rise to 12 percent within a few months.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WITN

275 E. Arlington Blvd. Greenville, NC 27858 252-439-7777
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 43166987 - witn.com/a?a=43166987