Charlotte-Concord-Gastonia, North Carolina Unemployment

The BLS reported that the unemployment rate for Charlotte fell 0.0 percentage points in January 2020 to 3.4%. For the same month, the metro unemployment rate was 0.2 percentage points lower than the North Carolina rate. The unemployment rate in Charlotte peaked in December 2009 at 12.7% and is now 9.3 percentage points lower. From a post peak low of 3.4% in October 2018, the unemployment rate has now grown by 0.0 percentage points. You can also compare Charlotte unemployment with unemployment in other cities.

Unemployment Rate	January 2020	Month/Month	Year/Year
National	3.6%	+0.1	-0.4
North Carolina	3.6%	0.0	-0.4
Charlotte	3.4%	0.0	-0.1

Note: Metro level data is now seasonally adjusted.¹ All comparisons are made with January 2020 data as February metro level unemployment data has not yet been released.

Unemployment Rate: Charlotte, North Carolina, National

Note: Recessions shown in gray.

Charlotte, North Carolina Unemployed

The number of people unemployed in Charlotte peaked in February 2010 at 141,354. There are now 94,851 fewer people unemployed in the metropolitan area. From a recent trough of 46,229 in October 2018, the number of unemployed has now grown by 274.

Unemployed Persons	January 2020	Month/Month	Year/Year
Charlotte	46,503	-386	-1,087

Number of Unemployed Persons

Charlotte, North Carolina Unemployment History

Date	National Unemployment Rate	North Carolina Unemployment Rate	Charlotte Unemployment Rate	Charlotte Unemployed
February 2020	3.5%	—	—	—
January 2020	3.6%	3.6%	3.4%	46,503
December 2019	3.5%	3.6%	3.4%	46,889
November 2019	3.5%	3.6%	3.5%	48,026
October 2019	3.6%	3.7%	3.6%	49,288
September 2019	3.5%	3.7%	3.6%	50,322
August 2019	3.7%	3.8%	3.7%	51,532
July 2019	3.7%	3.9%	3.8%	51,714
June 2019	3.7%	4.0%	3.8%	51,611
May 2019	3.6%	4.0%	3.7%	50,855
April 2019	3.6%	4.1%	3.7%	49,936
March 2019	3.8%	4.1%	3.6%	49,289