Unemployment
NC Unemployment Rate
As of October 2014, our unemployment rate is 6.3%
-It decreased as of September, which was 6.7%, resulting in a .4% drop
-Due to the decrease in only a month, and comparison with other states, NC is doing pretty well
Comparison with other states
Virginia's unemployment rate is 5.3%, 1.0% lower than NC
Georgia's unemployment rate is 7.7%, 1.4% higher than NC
Florida's unemployment rate is 6%, .3% lower than NC
South Carolina's unemployment rate is 6.7%, .4% higher than NC
US
As a whole country, the US has an unemployment rate of 5.8% as of October 2014
Comparison with nearby countries
Canada's unemployment rate is 6.5%
Mexico's unemployment rate is 4.9%
Past years
In the past, the US unemployment rate has been way higher than it is now. In 2011, the rate was 9.3%
So right now, our country is doing good compared to our past history of a high rate.