N.C. unemployment fell to a 10-year low in December, according to the Bureau of Labour Statistics.
The state’s unemployment rate fell to 9.8 percent in December from 9.9 percent in November.
The average hourly earnings rate, which includes a range of different factors, fell to $23.91 per hour from $24.34 per hour.
The median hourly earnings was $24 per hour, up from $23 per hour in December.
N.C.’s unemployment rate is down from 8.3 percent in September and is the lowest in the country.
The unemployment rate in North Carolina fell to 8.1 percent in January, which is the second-lowest rate in the nation behind Hawaii.
The North Carolina unemployment rate has been trending lower over the past few months, which indicates that the state is still recovering from the devastating floods that hit the state during the summer.
The national unemployment rate of 7.7 percent was the lowest since June of 2014.
With a total of 5.8 million people in the labor force, North Carolina is the seventh-largest labor force in the U, according a Bureau of Economic Analysis (BEA) analysis.
While the state’s population is increasing, unemployment is increasing as more people drop out of the labor market.
A new national poll released Monday by CNN/ORC International showed the national unemployment rates in January have fallen below 7 percent.
On the flip side, the BLS reported on Friday that the average hourly wage for full-time employees in January was $23 an hour.