Economy

Since 2011, N.C. Unemployment Rate has Dropped 39 Percent and More Than 200,000 Jobs Have Been Added

speaker-seal-250
Thom Tillis
Speaker of the House
Contact: Anna Roberts, Communications Director: 919-733-5917

FOR IMMEDIATE RELEASE
Monday, April 21, 2014

Since 2011, N.C. Unemployment Rate has Dropped 39 Percent and More Than 200,000 Jobs Have Been Added

Raleigh – Speaker Thom Tillis released the following statement after North Carolina’s unemployment rate dropped again in March to 6.3 percent — the lowest it has been in almost six years and still below the national average. North Carolina also saw the second highest rise in jobs added in the nation during March — only Florida had a bigger increase.

In January 2011, North Carolina’s unemployment rate was 10.4 percent — above the national average at the time. In the three years the Republicans have controlled the General Assembly, the unemployment rate is 39 percent lower and 207,000 jobs have been added.

“Three years ago, North Carolina faced double-digit unemployment rates that were above the national average. Today, the combination of rapidly falling unemployment and one of the top job growth rates in the country shows that the fiscal policies enacted by this General Assembly are helping solidify North Carolina’s place as an economic leader. We will continue to enact legislation during the upcoming short session to help North Carolinians get back to work while balancing the budget and cutting taxes.”