Official unemployment figures for the Charlotte economy were updated today. Numbers for January have been finalized and preliminary figures for February have now been made available.
January
The unemployment rate increased to 4.3% in January. 38,811 positions were lost, and 28,875 workers left the labor force causing the unemployment rate increase. Nonfarm payrolls fell by 24,000. No individual sector saw significant employment changes.
February (preliminary)
The unemployment rate fell to 4.1% in February. 8,879 positions were added, with only 6,240 workers entering the labor force causing the unemployment rate decrease. The overall Nonfarm Payrolls figure did not change significantly. No individual sector saw significant employment changes.
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