The U.S. annual unemployment rate dropped to 4.4 percent in 2017 from 4.9 percent in 2016.
The unemployment rate decreased by 0.1 percentage point to 4.8 percent in January and nonfarm payrolls increased by 200 jobs over-the-month, based on preliminary data provided by the U.S. Bureau of Labor Statistics and released Monday by the Illinois Department of Employment Security. The U6 index rate for North Carolina was 8.2 percent in January, compared with 8.2 percent nationally on February 28.
Statewide, there were just over 979,000 people employed in January, which was almost 2,900, more than in January 2018.
Michael Walden, an economics professor at N.C. State University, said the rate increases likely came from "individuals moving back into the labor force and looking for jobs - and therefore being classified as unemployed until they find a job".
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In a separate federal survey of business establishments that excludes jobs in agriculture and people who are self-employed, Kentucky's nonfarm payroll in 2017 increased by 11,300 or 0.6 percent to 1,920,400 employees. The Indiana Department of Workforce Development says the state added 3,000 private sector jobs in the first month of the year.
Employment numbers did decline in January compared with December in some, which is a normal seasonal phenomenon as holiday-related temporary work tends to end in January.
"The labour force participation rate ranged from 36 percent among those with at most a primary school and below education, to 89.4 percent among those with college/university education". Due to rounding, though, the January unemployment rate remained unchanged from December, according to the labor department. Within the sector are arts, entertainment and recreation, and accommodation and food services.
The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) gender observatory on International Women's Day on March 8 said women are discriminated against in the labour force and are concentrated in sectors of economic activity with greater vulnerability to economic cycles.
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Meanwhile, professional and business services ticked upward by 6,200 jobs, and education and health services rose by 4,600. Other services also advanced in January (+800).
"The age group 35 to 44 years accounted for 29 percent of the labour force, followed by 25 to 34 years (26 percent) and the group 45 to 54 years (24 percent)".
Other sectors showing signs of advancing include healthcare, finance and insurance, and transportation and warehousing. This was a result of 4,105 unemployed residents no longer seeking employment within the past four weeks, and a 3,189 decrease in residents employed.
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