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North Carolina Department of Commerce - Labor and Economic Analysis Division

News

Release

For More Information, Contact:


Larry Parker/919.707.1010

For Immediate Release


September 19, 2014

North Carolinas August Employment Figures Released


RALEIGH The states seasonally adjusted August unemployment rate was 6.8 percent, increasing 0.3 of a
percentage point from Julys revised rate of 6.5 percent. The national rate decreased 0.1 of a percentage point to
6.1 percent.
North Carolinas August 2014 unemployment rate was 1.2 percentage points lower than a year ago. The number of
people employed decreased 28,666 over the month to 4,340,873, and increased 28,938 over the year. The number
of people unemployed increased 10,404 over the month to 314,962, and declined 57,505 over the year.
Seasonally adjusted Total Nonfarm industry employment, as gathered through the monthly establishment survey,
increased 12,500 to 4,153,700 in August. The major industry with the largest over-the-month increase was Government at 8,500, followed by Education & Health Services, 2,700; Professional & Business Services, 2,500;
Manufacturing, 1,900; Financial Activities, 1,100; Information, 300; and Other Services, 100. Major industries
experiencing decreases were Leisure & Hospitality Services, 3,300; and Construction, 1,300. Mining & Logging
and Trade, Transportation & Utilities employment remained unchanged over the month.
Seasonally Adjusted Unemployment Rates Since August 2013
Aug.
2013

Sept.
2013

Oct.
2013

Nov.
2013

Dec.
2013

Jan.
2014

Feb.
2014

Mar.
2014

Apr.
2014

May
2014

June
2014

July
2014

Aug.
2014

N.C.

8.0

7.7

7.5

7.2

6.9

6.7

6.4

6.3

6.2

6.4

6.4

6.5

6.8

U.S.

7.2

7.2

7.2

7.0

6.7

6.6

6.7

6.7

6.3

6.3

6.1

6.2

6.1

*2013 Numbers Have Been Annually Revised*

Since August 2013, Total Nonfarm jobs gained 98,800 with the Total Private sector growing by 94,300 and Government increasing by 4,500. The largest over-the-year increase of major industries was Professional & Business
Services at 38,600, followed by Trade, Transportation & Utilities, 18,000; Education & Health Services, 7,000;
Leisure & Hospitality Services, 7,000; Construction, 6,700; Other Services, 5,000; Manufacturing, 4,600; Information, 4,500; Government, 4,500; Financial Activities, 2,700; and Mining & Logging, 200.
The next unemployment update is scheduled for Wednesday, October 1, 2014 when the county unemployment
rates for August 2014 will be released.
More
This information may be accessed on the DES World Wide Web page, at http://www.ncesc.com

North Carolina data is embargoed until 10:00 A.M., Friday, September 19, 2014

August 2014

July 2014

Numeric
Change

August 2013

Month Ago
Percent
Change

Numeric
Change

Year Ago
Percent
Change

North Carolina
(Local Area Unemployment Statistics)
Smoothed Seasonally Adjusted
Labor Force

4,655,835

4,674,097

4,684,402

-18,262

-0.4

-28,567

-0.6

Employed

4,340,873

4,369,539

4,311,935

-28,666

-0.7

28,938

0.7

314,962

304,558

372,467

10,404

3.4

-57,505

-15.4

6.8

6.5

8.0

0.3

xxx

-1.2

xxx

Labor Force

4,652,163

4,720,905

4,689,774

-68,742

-1.5

-37,611

-0.8

Employed

4,327,564

4,396,494

4,318,864

-68,930

-1.6

8,700

0.2

324,599

324,411

370,910

188

0.1

-46,311

-12.5

7.0

6.9

7.9

0.1

xxx

-0.9

xxx

Labor Force

155,959,000

156,023,000

155,435,000

-64,000

> -0.1

xxx

xxx

Employed

146,368,000

146,352,000

144,179,000

16,000

< 0.1

xxx

xxx

9,591,000

9,671,000

11,256,000

-80,000

-0.8

xxx

xxx

6.1

6.2

7.2

-0.1

xxx

xxx

xxx

Labor Force

156,434,000

157,573,000

155,971,000

-1,139,000

-0.7

xxx

xxx

Employed

146,647,000

147,265,000

144,509,000

-618,000

-0.4

xxx

xxx

9,787,000

10,307,000

11,462,000

-520,000

-5.0

xxx

xxx

6.3

6.5

7.3

-0.2

xxx

xxx

xxx

Unemployed
Unemployment Rate
Not Seasonally Adjusted

Unemployed
Unemployment Rate
United States
(Current Population Survey)
Seasonally Adjusted

Unemployed
Unemployment Rate
Not Seasonally Adjusted

Unemployed
Unemployment Rate

*Effective January 2014, updated US population estimates are used in the national labor force estimates,
The annual population adjustments affect the comparability of national labor force estimates over time.
2014 estimates for the current month are preliminary. Estimates for the previous month have undergone monthly revision.
2013 estimates have undergone annual revision.

North Carolina data is embargoed until 10:00 A.M., Friday, September 19, 2014
Month Ago
August 2014

July 2014

Numeric
Change

August 2013

Year Ago

Percent
Change

Numeric
Change

Percent
Change

North Carolina
(Current Employment Statistics)
Seasonally Adjusted
Total Nonfarm

4,153,700

4,141,200

4,054,900

12,500

0.3

98,800

2.4

Total Private

3,440,300

3,436,300

3,346,000

4,000

0.1

94,300

2.8

5,600

5,600

5,400

0.0

200

3.7

Construction

180,100

181,400

173,400

-1,300

-0.7

6,700

3.9

Manufacturing

446,200

444,300

441,600

1,900

0.4

4,600

1.0

Trade, Transportation & Utilities

775,900

775,900

757,900

0.0

18,000

2.4

Mining & Logging

74,100

73,800

69,600

300

0.4

4,500

6.5

Financial Activities

210,300

209,200

207,600

1,100

0.5

2,700

1.3

Professional & Business Services

590,100

587,600

551,500

2,500

0.4

38,600

7.0

Education & Health Services

567,000

564,300

560,000

2,700

0.5

7,000

1.3

Leisure & Hospitality Services

437,100

440,400

430,100

-3,300

-0.7

7,000

1.6

Other Services

153,900

153,800

148,900

100

0.1

5,000

3.4

Government

713,400

704,900

708,900

8,500

1.2

4,500

0.6

Total Nonfarm

4,148,700

4,076,300

4,062,400

72,400

1.8

86,300

2.1

Total Private

3,471,400

3,467,800

3,379,000

3,600

0.1

92,400

2.7

5,700

5,700

5,500

0.0

200

3.6

Construction

182,800

184,300

176,700

-1,500

-0.8

6,100

3.5

Manufacturing

447,200

445,000

443,300

2,200

0.5

3,900

0.9

Trade, Transportation & Utilities

776,200

778,300

760,400

-2,100

-0.3

15,800

2.1

74,600

74,200

69,900

400

0.5

4,700

6.7

Financial Activities

214,000

214,000

209,800

0.0

4,200

2.0

Professional & Business Services

595,600

589,200

556,500

6,400

1.1

39,100

7.0

Education & Health Services

562,800

558,700

556,000

4,100

0.7

6,800

1.2

Leisure & Hospitality Services

457,300

462,700

450,500

-5,400

-1.2

6,800

1.5

Other Services

155,200

155,700

150,400

-500

-0.3

4,800

3.2

Government

677,300

608,500

683,400

68,800

11.3

-6,100

-0.9

$16.69

$16.74

$16.63

43.7

43.0

42.1

Information

North Carolina
(Current Employment Statistics)
Not Seasonally Adjusted

Mining & Logging

Information

Mfg. Production Workers (PW) Not Seasonally Adjusted


Mfg. PW Average Hourly Earnings
Mfg. PW Hours Worked

All 2014 Labor Force and CES data for the current month are preliminary.
All 2013 Labor Force and CES estimates have been benchmarked.
Estimates may not add to totals due to rounding.

A u g u s t
2014

North Carolina
Labor Market Conditions

The North Carolina smoothed seasonally adjusted


unemployment rate was 6.8 percent in August, increasing 0.3
of a percentage point from the previous month, and falling
1.2 percentage points from August 2013. Over the month, the
number of persons unemployed grew by 10,404 (3.4%). The
civilian labor force decreased by 18,262 (0.4%) to 4,655,835.

United States/North Carolina Unemployment Rates


August 2013August 2014
(Smoothed Seasonally Adjusted**)

9.0
8.0
7.0

Percent

6.0

8.0
7.2

7.2

7.7

7.2

7.5

7.0 7.2

6.7 6.9 6.6 6.7 6.7

6.4

6.7

5.0

6.3 6.3 6.2 6.3 6.4 6.1 6.4 6.2 6.5 6.1

6.8

4.0

Seasonally adjusted Total Nonfarm industry employment


(4,153,700) has increased 12,500 (0.3%) since July 2014,
and 98,800 (2.4%) since August 2013.1 Private sector
employment grew over the month by 4,000 (0.1%) and
94,300 (2.8%) over the year.

3.0
2.0
1.0
0.0

Aug. Sept. Oct. Nov. Dec. Jan. Feb. March April May June July Aug.
2013 2013 2013 2013 2013 2014 2014 2014 2014 2014 2014 2014 2014
United States

North Carolina

**US data are not smoothed.

North Carolina Total Nonfarm Employment


August 2013August 2014
(Seasonally Adjusted)

4,160
4,140
4,120
In Thousands

Nationally, Augusts unemployment rate was 6.1 percent. The


number of persons unemployed was 9,591,000, while the
civilian labor force was 155,959,000.

4,100
4,080
4,060
4,040
4,020
4,000

Aug.
2013

Sept.
2013

Oct.
2013

Nov.
2013

Dec.
2013

Jan.
2014

Feb.
2014

March
2014

April
2014

May
2014

June
2014

July
2014

Aug.
2014

Since August 2013, Professional & Business Services added


the largest number of jobs (38,600; 7.0%), followed by Trade,
Transportation & Utilities (18,000; 2.4%), Education & Health
Services (7,000; 1.3%), Leisure & Hospitality Services (7,000;
1.6%), Construction (6,700; 3.9%), Other Services (5,000;
3.4%), Manufacturing (4,600; 1.0%), Government (4,500;
0.6%), Information (4,500; 6.5%), Financial Activities (2,700;
1.3%) and Mining & Logging (200; 3.7%).
1
It is important to note that industry employment estimates are subject to large
seasonal patterns. Seasonal adjustment factors are applied to the data. However, these
factors may not be fully capturing the seasonal trend. Therefore, when interpreting the
changes in industry employment, it is advisable to focus on over-the-year changes in
both the seasonally adjusted and not seasonally adjusted series.

Changes in Employment by NAICS Industries


August 2013 Compared to August 2014
(Seasonally Adjusted)

900

Of the major industries for which payroll data are seasonally


adjusted, Government had the largest over-the-month gain in
jobs (8,500; 1.2%), followed by Education & Health Services
(2,700; 0.5%), Professional & Business Services (2,500;
0.4%), Manufacturing (1,900; 0.4%), Financial Activities
(1,100; 0.5%), Information (300; 0.4%) and Other Services
(100; 0.1%). Leisure & Hospitality Services (3,300; 0.7%)
had the largest over-the-month decrease, followed by
Construction (1,300; 0.7%). Mining & Logging and Trade,
Transportation & Utilities remained unchanged over the
month.

+18.0

800

+4.5

In Thousands

700

+38.6

600

+7.0

+4.6

500

+7.0

400
300
200

+2.7

+6.7

+5.0

+4.5

100
Construcon

Manufacturing

Trade,
Transportaon
& Ulies

Informaon

Financial
Acvies
August 2013

Professional
& Business
Services

Educaon &
Health
Services

Leisure &
Hospitality
Services

Other Services

Government

August 2014

*NC current month data are preliminary, while other 2014 data are revised and 2013 data have undergone annual revision. US 2014 data reflect new population estimates,
while previous years data have undergone annual revision.

Labor & Economic Analysis Division | North Carolina Department of Commerce | 1 of 2

North Carolina Labor Market Conditions

Over the year, the Service Providing sector (all industries


except Mining & Logging, Construction, and Manufacturing)
showed an increase of 76,100 (2.2%) jobs. Professional &
Business Services experienced the largest employment
increase with 39,100 (7.0%), followed by Trade, Transportation
& Utilities (15,800; 2.1%), Education & Health Services (6,800;
1.2%), Leisure & Hospitality Services (6,800; 1.5%), Other
Services (4,800; 3.2%), Information (4,700; 6.7%) and Financial
Activities (4,200; 2.0%). Government (6,100; 0.9%) had the
only over-the-year decrease.
The Goods Producing sector increased by 10,200 (1.6%) jobs
over the year. Construction experienced the largest employment
increase with 6,100 (3.5%), followed by Manufacturing (3,900;
0.9%) and Mining & Logging (200; 3.6%).
Food had the largest amount of manufacturing employment
with 51,300 in August 2014. Furniture & Related Product
had the largest net over-the-year increases at 1,800. Other
manufacturing industries with over-the-year gains were:
Chemical, 1,300; Wood Product, 900; Fabricated Metal Product,
800; Transportation Equipment, 800; Machinery, 300 and
Electrical Equipment, 100.
Average Weekly Hours for manufacturing production workers in
August increased 42 minutes from Julys revised rate of 43.0.
Average Hourly Earnings fell by $0.05 to $16.69, as Average
Weekly Earnings increased by $9.53 to $729.35.

Selected Manufacturing Industries With Job Gains


August 2013August 2014
(Not Seasonally Adjusted)

2.0

1.8

In Thousands

1.5

1.3
0.9

1.0

For the 12-month period ending August 2014, $597,940,106


was paid from all programs, both state and federal. The
UI Trust Fund balance at the end of August was in the
red ($595,409,321). The State Reserve Fund balance was
$40,420,345.

0.8

0.0

0.3

Furniture &
Related
Product

Chemical

Wood
Product

Fabricated Transportaon
Metal Product Equipment

Machinery

Selected Service Industries With Job Gains


August 2013August 2014
(Not Seasonally Adjusted)

25.0

22.6

20.0

14.8

15.0
10.0

8.1

7.4
5.2

5.0
0.0

Admin &
Professional,
Accom. &
Waste Mgmt. Scienc & Food Services
Tech.

Wholesale
Trade

4.1

Retail Trade

Educaonal
Services

UI Taxes Collected and NC Regular UI Benefits Paid


September 2013August 2014

$2,000,000,000
Regular Initial Claims for Unemployment Insurance (UI)
totaled 20,279 in August, decreasing 3,253 from July. Less than
1 percent of Initial Claims for August 2014 were attached to
a payroll, meaning that employees expect to be recalled to their $1,500,000,000
jobs.

A total of $33,143,724 in regular UI benefits was paid in


August to 39,446 claimants statewide a increase of 400
claimants since July 2014.

0.8

0.5

In Thousands

The August 2014 not seasonally adjusted Total Nonfarm


employment level of 4,148,700 was 72,400 (1.8%) higher
than the July 2014 revised employment level of 4,076,300.
Among the major industries in North Carolina, Government
had the largest over-the-month increase in employment at
68,800 (11.3%), followed by Professional & Business Services
(6,400; 1.1%), Education & Health Services (4,100; 0.7%),
Manufacturing (2,200; 0.5%) and Information (400; 0.5%).
Leisure & Hospitality (5,400; 1.2%) had the largest over-themonth decrease, followed by Trade, Transportation & Utilities
(2,100; 0.3%), Construction (1,500; 0.8%) and Other Services
(500; 0.3%). Financial Activities and Mining & Logging reported
no change over the month.

$1,680,634,693

$1,000,000,000

$571,898,960
$500,000,000

$191,963

$0
UI Taxes Collected

UI Benets Paid

Interest Received

Labor & Economic Analysis Division | North Carolina Department of Commerce | 2 of 2

Technical Notes
Special NoteGeography Changes
On February 28, 2013, OMB announced revised delineations of Metropolitan Statistical Areas, Micropolitan Statistical Areas,
and Combined Statistical Areas. Bureau of Labor Statistics programs will implement these new delineations effective with
the following data releases:

LAUS: January 2015 substate data (anticipated release date: March 2015)
CES: 2014 benchmarked data (anticipated release date: March 2015)

At that time, data will be revised back to the series beginnings based on the new delineations.
Technical Notes
This release presents labor force and unemployment estimates from the Local Area Unemployment Statistics (LAUS) program. Also presented are nonfarm payroll employment estimates the Current Employment Statistics (CES) program. The
LAUS and CES programs are both federal-state cooperative endeavors.
Labor force and unemployment--from the LAUS program
Definitions. The labor force and unemployment estimates are based on the same concepts and definitions as those used for
the official national estimates obtained from the Current Population Survey (CPS), a sample survey of households that is
conducted for the Bureau of Labor Statistics (BLS) by the U.S. Census Bureau. The LAUS program measures employment
and unemployment on a place-of-residence basis. The universe for each is the civilian noninstitutional population 16 years of
age and over. Employed persons are those who did any work at all for pay or profit in the reference week (the week including
the 12th of the month) or worked 15 hours or more without pay in a family business or farm, plus those not working who
had a job from which they were temporarily absent, whether or not paid, for such reasons as bad weather, labor-management
dispute, illness, or vacation. Unemployed persons are those who were not employed during the reference week (based on
the definition above), had actively looked for a job sometime in the 4-week period ending with the reference week, and were
currently available for work; persons on lay-off expecting recall need not be looking for work to be counted as unemployed.
The labor force is the sum of employed and unemployed persons. The unemployment rate is the number of unemployed as
a percent of the labor force.
Method of estimation. Statewide estimates are produced using an estimation algorithm administered by the BLS. This
method, which underwent substantial enhancement at the beginning of 2005, utilizes data from several sources, including
the CPS, the CES, and state unemployment insurance (UI) programs. Each month, census division estimates are controlled
to national totals, and state estimates are then controlled to their respective division totals. Substate estimates are controlled
to their respective state totals. For more information about LAUS estimation procedures, see the BLS website at www.bls.
gov/lau/laumthd.htm
Revisions. Labor force and unemployment data for the previous month reflect adjustments made in each subsequent month,
while data for prior years reflect adjustments made at the end of each year. The monthly revisions incorporate updated model
inputs, while the annually revised estimates reflect updated population data from the U.S. Census Bureau, any revisions in
the other data sources, and model reestimation. In most years, historical data for the most recent five years (both seasonally
adjusted and not seasonally adjusted) are revised near the beginning of each calendar year, prior to the release of January
estimates.
Seasonal adjustment. The LAUS program introduced smoothed seasonally adjusted (SSA) estimates in January 2010. These
are seasonally-adjusted data that have incorporated a long-run trend smoothing procedure, resulting in estimates that are less
volatile than those previously produced. The estimates are smoothed using a filtering procedure, based on moving averages,
to remove the irregular fluctuations from the seasonally-adjusted series, leaving the trend. The same process is used on both
historical and current year estimates. For more information about the smoothing technique, see the BLS website at www.
bls.gov/lau/lassaqa.htm.

Area definitions. The substate area data published in this release reflect the standards and definitions established by the U.S.
Office of Management and Budget on December 1, 2009. A detailed list of the geographic definitions is available online at
www.bls.gov/lau/lausmsa.htm.
Employment--from the CES program
Definitions. Employment data refer to persons on establishment payrolls who receive pay for any part of the pay period that
includes the 12th of the month. Persons are counted at their place of work rather than at their place of residence; those appearing on more than one payroll are counted on each payroll. Industries are classified on the basis of their principal activity
in accordance with the 2012 version of the North American Industry Classification System.
Method of estimation. CES State and Area employment data are produced using several estimation procedures. Where possible these data are produced using a weighted link relative estimation technique in which a ratio of current-month weighted
employment to that of the previous-month weighted employment is computed from a sample of establishments reporting
for both months. The estimates of employment for the current month are then obtained by multiplying these ratios by the
previous months employment estimates. The weighted link relative technique is utilized for data series where the sample
size meets certain statistical criteria.
For some employment series, relatively small sample sizes limit the reliability of the weighted link-relative estimates. In
these cases, BLS uses the CES small domain model (SDM) to generate employment estimates. The SDM combines the direct
sample estimates (described above) and forecasts of historical (benchmarked) data to decrease the volatility of the estimates.
For more detailed information about the CES small domain model, refer to the BLS Handbook of Methods.
Annual revisions. Employment estimates are adjusted annually to a complete count of jobs, called benchmarks, derived
principally from tax reports that are submitted by employers who are covered under state unemployment insurance (UI) laws.
The benchmark information is used to adjust the monthly estimates between the new benchmark and the preceding one and
also to establish the level of employment for the new benchmark month. Thus, the benchmarking process establishes the
level of employment, and the sample is used to measure the month-to-month changes in the level for the subsequent months.
Seasonal adjustment. Payroll employment data are seasonally adjusted at the statewide supersector level. In some states, the
seasonally adjusted payroll employment total is computed by aggregating the independently adjusted supersector series. In
other states, the seasonally adjusted payroll employment total is independently adjusted. Revisions of historical data for the
most recent 5 years are made once a year, coincident with annual benchmark adjustments.
Reliability of the estimates
The estimates presented in this release are based on sample surveys, administrative data, and modeling and, thus, are subject
to sampling and other types of errors. Sampling error is a measure of sampling variability--that is, variation that occurs by
chance because a sample rather than the entire population is surveyed. Survey data also are subject to nonsampling errors,
such as those which can be introduced into the data collection and processing operations. Estimates not directly derived from
sample surveys are subject to additional errors resulting from the specific estimation processes used.
Model-based error measures for seasonally adjusted and not seasonally adjusted data and for over-the-month and over-theyear changes to LAUS estimates are available online at www.bls.gov/lau/lastderr.htm. Measures of sampling error for state
CES data at the total nonfarm and supersector levels are available online at www.bls.gov/sae/790stderr.htm.
Release Dates

The next unemployment update is scheduled for Wednesday, October 1, 2014 when the county unemployment
rates for August 2014 will be released.
The complete 2014 data release schedule can be accessed at:

http://www.nccommerce.com/Portals/47/Documents/2014_NC_Release_Dates.pdf

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