Durham-Chapel Hill unemployment steady at 5 percent in April
The unemployment rate in the Durham-Chapel Hill metro area held steady at 5 percent in April for the second month in a row.
But compared to April of last year, the monthly rate was down 1.5 percentage points.
That’s according to preliminary data from the N.C. Department of Commerce’s Labor and Economic Analysis Division that was adjusted for seasonal fluctuations in employment.
The seasonally adjusted numbers showed labor force growth in April compared with the prior month and year, a decline in the ranks of the unemployed and increases in employment.
Month-over-month, the ranks of the unemployed fell by 30 to 13,618 people in the metro area. But compared to April of last year, the number of unemployed people in the area was down 23 percent.
The number employed in grew by 299 people month-over-month, and by 4,780 people or about 1.9 percent, to 260,034 people compared with the month last year.
In a separate survey of payroll jobs on the payroll, there was 0.1 percent growth in the area month-over-month, and 1.5 percent growth compared with April of last year. Year-over-year, the largest growth was in the professional and business services sector and in leisure and hospitality.