The unemployment rate in North Carolina inched higher in July, the first uptick in the closely watched economic indicator since January.The state’s seasonally adjusted unemployment rate rose one-tenth of a percentage point to 8.9 percent last month, according to data released Monday by the state Department of Commerce’s Labor and Economic Analysis Division.“It was a disappointing month,” said Mekael Teshome, a PNC Financial Services Group economist.Although the jobless rate was seven-tenths of a percentage point lower than it was a year ago, North Carolina’s unemployment rate is tied with Rhode Island for the third-worst in the nation. Only Illinois, at 9.2 percent, and Nevada, where the unemployment rate is 9.5 percent, have higher unemployment rates.The national unemployment rate for July was 7.4 percent, an improvement from June’s 7.6 percent.Read more here: http://www.newsobser...l#storylink=cpy
Raleigh, N.C. – For the second month in a row, North Carolina Gov.Pat McCrory has a net-negative approval rating. And it’s the lowest it’s ever been: 39% of voters approve of the Republican’s job performance, while 51% disapprove.The Republican-dominated General Assembly is doing even worse, with an approval rating of only 24%. Nearly half of voters have a higher opinion of the Moral Monday protestors than the N.C. legislature. Half of voters polled say the G.A. is causing North Carolina national embarrassment, including 21% of Republican voters.