Unemployment

A steady decline in unemployment that dropped from to 5.8% from 6.1%, and during a time when employers are experiencing a staffing shortage. The overall size of the labor force actually dwindled from the start of the year. A negative for economists expecting to see a boom going into the summer months.

North Carolina Unemployment rate fell for the fifth straight month in February. The state Commerce Department reported on Friday that North Carolina’s February unemployment rate was 5.7%, compared to 5.9% in January. The U.S. rate in February was 6.2%. DES says North Carolina’s February 2021 unemployment rate increased 2.1 percentage points from a year ago. […]

The state Department of Employment and Workforce says the jobless rate dropped to 5.3%, which is down from 5.6% in December, but well above the 2.6% rate in January 2020, before the COVID-19 pandemic started a year ago. However, the number of job searches made by people collecting unemployment benefits are quite low.

Nine days into this year, the U.S. learned a mysterious virus related to SARS in Wuhan, China. And little did anyone know, the unknown virus later defined as "COVID-19," will forever be tied to the year of 2020. As we move into 2021, here's a look back at the stories that dominated the headlines this year.