Tag Archives: NC rate 11.2 percent

NC unemployment rate, Historic high, Obama failures and lies, NC counties, NC rate 11.2 percent, Obama Ohio speech, All I think about is jobs, Obama agenda

The same day that Obama spun his web of deceit in a speech in Ohio, it was announced that unemployment in NC reached a record high of 11.2 percent. Today we have a breakdown of the 100 counties in NC.

Listen to these speech exerpts and decide if Obama’s rhetoric matches reality.

Record unemployment in NC report from the News Record.

“N.C. unemployment rate hits historic high”

“North Carolina’s unemployment rate hit a historic high of 11.2 percent in December as the tally of jobs lost by the state’s workers since the recession started two years ago neared 250,000.

December’s jobless rate of 11.2 percent rose from 10.8 percent in November, the Employment Security Commission said Friday.

“That’s a pretty significant jump in the unemployment rate when we’ve been into the recovery this long,” said Harry Davis, the chief economist for the North Carolina Bankers Association and an Appalachian State University banking professor.”

“Since the U.S. fell into recession in Dec. 2007, North Carolina has lost 248,000 nonfarm jobs. Manufacturers have slashed 95,500 workers since that time, while construction companies cut 65,800.

Those two sectors shed 2,100 positions in December, but the month’s biggest loser was the 2,600 jobs cut by leisure and hospitality services like hotels and entertainment companies.

That’s no surprise with consumers worried about their incomes cutting back on luxuries, Davis said. More losses at leisure companies can be expected this year, he said.”

Read more:

http://www.news-record.com/content/2010/01/22/article/nc_unemployment_rate_up_in_dec

From News 14 today, January 29, 2010.

“Unemployment climbs again in 86 N.C. counties”

“RALEIGH – State officials have released the latest county-by-county unemployment numbers, showing that unemployment rates increased in 86 of North Carolina’s 100 counties in December.”

“Other Stats

• Highest unemployment: Graham County at 17.6 percent
• Lowest unemployment: Orange County at 6.2 percent
• Biggest increase: Hyde County increases 3.4 percent to 12.2 percent
• Biggest decrease: Perquimans County decreases 0.5 percent to 9.9 percent
• Current state unemployment: 11.2 percent”

Read more:

http://news14.com/charlotte-news-104-content/top_stories/621285/unemployment-climbs-again-in-86-n-c–counties